Exam

Midterm Assignment. The Economic Consequences of the Pandemic. Differences across the world and policy responses.

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Every answer should have a maximum of 500 words

Plagiarism will be severely penalized with a zero grade

1. What are the main reasons behind the high incidence of the pandemic on minorities in the U.S? Please analyze both impact on infection rates and employment effects. Use data and elaborate. You can find information and data in Congressional Budget Office, FRED data of the Fed, Bureau of Economic Analysis and Bureau of Labor Statistics.

2. Can you explain the stimulus packages approved by the Congress? Explain their goals, quantify them and explain if they have been efficient on two fronts: fighting against the pandemic and keeping business and households afloat. Use data and explain thoughtfully.

3. How the experience of dealing with Ebola and having a younger population has helped some Sub-Saharan African countries?

4. Explain how the pandemic is contributing to an increase in income inequality and why.