Jaiden Gonzales Andrew Estrada Join Zoom Meeting https://us05web.zoom.us/j/81069002779?pwd=TDZyazU2aGh0Z2ZLTkNQbE1Ta0lOdz09 Meeting ID: 810 6900 2779 Passcode: 0fqtNa Jaiden Gonzales Andrew Estrada ● 1a&4- ● 1b- ^ ● ● ● 2a- The use of government spending and taxation to influence the economy. 2b- Aid packages, COVID 19 packages, and unemployment insurance. 2c- I believe that Biden’s economic plan was intended to be used for fiscal policy. Not only is the goal intended to help the economy but giving those who are sick the support they need. ● 3- Jaiden Gonzales Andrew Estrada ● 5a&5b- ● 6- In addition to reducing unemployment, increasing government spending, and providing pay checks to millions of Americans, President Biden's $1.9 trillion stimulus package definitely aims to increase consumer spending, government spending, and unemployment insurance. As a result of this package, the economy will surely gain a boost in the short term. On the other hand, the federal budget could be hit hard in the long run, resulting in a fiscal burden. It is possible for inflation rates to spike very high. As a result, the stimulus may potentially disadvantage the people it is supposed to help.
