In this module, we discuss fiscal policy and how it can be implemented in a recessionary gap or inflationary gap. Recently, COVID-19 has resulted in many government officials issuing executive orders to shelter in place as a way to fight the surge in COVID-19 cases, except for those working in industries that provide essential needs. How might this impact the nation’s productivity, and what can the government do in response?
This post is worth 10 points. You will receive 3 points for presenting an original answer, 2 points for relating it to course content covered thus far, 3 points for responding to a classmate, and an additional 2 points for the usage of proper grammar and punctuation. (To see the grading rubric, click on the three vertical dots in the top right corner of this post and click “Show Rubric”.)
Please note that your original post should be 3-4 paragraphs containing a minimum of three sentences each. Additionally, please provide thoughtful responses to your classmates that show a level of critical thinking. Short replies such as “Nice job!” or “Good work!” will earn zero points.
Your first post is due Friday, and responses to your classmates’ posts are due Sunday. No late work will be accepted.