Learning Goal: I’m working on a macro economics discussion question and need a sample draft to help me learn.Please address clearly one of the following points:1. Choose a country, for that country outline and analyze the economic response (fiscal and/or monetary policies) implemented to limit the economic impact of the Covid-19 pandemic. Make sure you explain the measures implemented (for example tax and spending, loan and guarantees, monetary instruments etc.). Identify how such policies/measures have an economic expansionary effect. Please note that you can discussion any one country of your choice (discussing the stimulus measures for the United States is perfectly fine, it’s your choice but no matter which country you choose please be exhaustive and clear).2. We consider taxes a significant policy instrument. Let’s analyze how sales taxes and income taxes fare differently when we consider income inequality and wealth. Questions have long been raised about the fairness of sales taxes versus income taxes. A recent article posted by the American BAR association addressed the racial inequality induced by the current tax system in the United States. The authors state that State and local tax systems have emerged in recent decades as significant drivers of wealth inequality. They further noted that states’ heavy reliance on sales and consumption taxes often burden disproportionately low-income families (https://www.americanbar.org/groups/crsj/publications/human_rights_magazine_home/rbgs-impact-on-civil-rights/blacktaxpayersmatter/). Explain how sales taxes can burden more heavily low-income families and increase racial inequality. What would you propose to mitigate this unequal impact? (The article posted by the American Bar association that is available at the above link can be used as one of the three references).Whichever point you decide to discuss, please make sure that your contribution is clear and extensive and that you support your opinions with solid references from your research. Please include at least three solid references at the end of your post.You need to submit one main post by May 31 at 11:00 AM ET (Should be at least the equivalent of about one page single space in word). Please make sure that the main post is extensive, original, well-referenced, and shows your critical analysis.
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