9, Dec 2020
macroeconomic consequences of the covid-19 pandemic on the American economy

discuss macroeconomic consequences of the covid-19 pandemic on the American economy.
1. How has the pandemic affected real GDP and unemployment? Provide a graph for each. Why
has GDP declined and unemployment spiked?
2. What industries seem to be suffering most? Least?
3. How have real wages changed? Provide a graph and explain.
4. How has the Federal Reserve responded to the pandemic?
5. How have fiscal authorities responded to the pandemic?
6. What is the forecast for the future? Will it all be over soon?