Montana State University The Stimulus Package and the Economy Essay

5. Your answer to the assignment should not be more than ONE PAGE

In March 2020, the US Congress has approved a 2 Trillion dollar stimulus package to fight the spread of COVID-19 and to prevent the economic impact of the coronavirus pandemic. Moreover, the FEDERAL RESERVE BANK has also cut the federal find rate by a total of 1.5 percent points since March 3, that brings it down to a range of 0 to 0.25 percent.

Please give your analytical response for the following questions:

1. How does the stimulus package of 2 Trillion dollar will prevent the devastation of the economy?

2. How households, firms, and financial institutions will benefit from this stimulus package?

3. What are the objectives of decreasing the federal fund rate?

4. How the new fund rate will assist the US effort to prevent economy collapse?

5. What are the PROS and CONS of the above mentioned fiscal and monetary policies?

3. Who are the gainers and losers of such fiscal and monetary policies?

4. What is your general personal opinion (in support or against) of these fiscal and monetary policies?

Please write this response in APA research writing format.