The article can be located here frbsf org then type The COVID 19 Fiscal Multiplier Lessons from the Great Recession https www frbsf org economic research publications economic letter 2020 may covid 19 fiscal multiplier lessons from great recession Please answer this question that are economic based Extra Points Question The article points out that the fiscal multiplier is found to be higher when the interest rate is at the zero lower bound (ZLB) compared to the situation when it is above zero and is not kept constant by monetary policy What factors may explain the higher fiscal multiplier at the ZLB Please use the IS LM model to make a case for your answer

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Question: The article can be located here frbsf.org then type The COVID-19 Fiscal Multiplier: Lessons from the Great Recession https://www.frbsf.org/economic-research/publications/economic-letter/2020/may/covid-19-fiscal-multiplier-lessons-from-great-recession/ Please answer this question that are

The article can be located here

frbsf.org then type The COVID-19 Fiscal Multiplier: Lessons from the Great Recession

https://www.frbsf.org/economic-research/publications/economic-letter/2020/may/covid-19-fiscal-multiplier-lessons-from-great-recession/

Please answer this question that are economic based:

Extra Points Question:The article points out that the fiscal multiplier is found to be higher when the interest rate is at the zero lower bound (ZLB) compared to the situation when it is above zero and is not kept constant by monetary policy. What factors may explain the higher fiscal multiplier at the ZLB? Please use the IS-LM model to make a case for your answer.

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