Second stimulus checks: A group of politicians propose another round of $1,200 payments
The headline above references an article in the newspaper. The government proposes giving money directly to citizens.
Use your knowledge of fiscal policy to defend or rebut the actions of the government as proposed by the headline. The brief should be a maximum of 2 pages.
Please make sure to describe what was happening in the U.S. economy using both ISLM and ADAS, and what this program will do. You should explain whether you thing this will work and how your approach might differ if you were the Federal Reserve Chairperson. What will all this mean for output, prices, interest rates, and employment?