Financial Impact of Covid on US Households

Real family income ____ during COVID-19.

• Rose by 3%

• decreased by 3%

• stayed the same

How did the majority of American media cover financial impact of Covid-19?

• As a positive for American Economy

• As a negative for American Economy

True or False: Inequality grew during the Covid-19 pandemic per the article?

• False

• True

FRED is the acronym for:

• Federal Reserve Bank of St. Louis

• Free Research of Economic Databases

• Federal Reserve Economic Data

• Federal Reserve of Economic Disruptors

How did the American government assist families and business to offset severe economic disruptions caused by Covid-19: (Check all answers that apply)

• Provide Supplemental Nutrition Assistance Programs (EBT and WIC) to low socioeconomic

• Provide PPP loans to businesses

• Provide stimulus checks for tax payers

• waited patiently to see the economic impact