A. What is the CARES Act, when was it passed, and what body was
responsible for passing it?
B. Research one fiscal policy action included in the CARES Act.
First, explain which curve(s) is/are expected to shift in the short
run as a result of this action and why? Second, do you expect the
action to have any effect on the long-run growth prospects of the
economy? (Limit your answer to ~100 words)