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$2 trillion coronavirus relief bill signed by Trump

  • Writer: Rex Hsu
    Rex Hsu
  • Sep 16, 2020
  • 1 min read

Link to IB Econ: Expansionary fiscal policy, government spending, recession

Trump has signed a $2 trillion relief package to boost the economy battered by the coronavirus pandemic. This is the largest stimulus package that had ever passed in the American history. The package includes zero-interest loans for small businesses and also huge amount of unemployment benefits. These are all aiming to deal with the recession caused by the coronavirus pandemic.



 
 
 

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*The diagrams / definitions in this website is extracted / Notes are summarized from "Economics for the IB Diploma, 2nd Edition" authored by Ellie Tragakes.

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