Background Policymakers ramped up both fiscal and monetary policy in order to counteract the plunge in economic activity during the Covid-induced recession in 2020. Part A The first part of this section describes the fiscal policies implemented in response to the plunge in economic activity. The second part describes the monetary policies. Follow the instructions… Continue reading Policymakers ramped up both fiscal and monetary policy in order to counteract the plunge in economic activity during the Covid-induced recession in 2020