The coronavirus pandemic of 2019 has seen massive economic disruptions all over the world. In the US, the following major macroeconomic policies took place $1 trillion of relief funds through the American Rescue Plan 3 rounds of stimulus checks given to US families Additional monetary relief for US families with children Additional federal benefits added to state unemployment compensations a Discuss how these affected the AD curve b. Discuss how the lockdowns affected the AS curve (just focus on the short run AS curve) c Discuss how raising interest rates by 50 basis points, and now 75 basis points affects the AD curve d. Discuss the impact of each of these on the overall price level

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