Economics

Find an article that expounds on a change in the government regulation/spending that will personally impact you. Expound on the findings in your research and the positive/negative personal impact on you in an essay with proper APA citations. This must be at least 400 words (not including APA documentation (in-text and works cited and headings). Please note that the only file formats that are acceptable are Word (.doc or .docx).

What is government spending? How does government spending affects you and your family during COVID-19? Who creates the revenues for government to spend? How are these revenues created? only needs to be 2 paragraphs

a)Gross Domestic Product (GDP) and Growth i.Analyze the annual GDP during the time frame to calculate specific growth rates and trends in the U.S. economy. ii.Choose two or three of the most relevant historical and/or current events during this time period that impacted the U.S. economy. Apply specific models developed throughout the course to demonstrate how these events influenced national output during this time. b)Unemployment and Inflation i.Analyze unemployment and inflation data during the time frame in their relation to output and growth, using macroeconomic principles and models to explain their effect. ii.Apply specific models developed throughout the course to demonstrate how the previously selected historical and/or current events influenced both unemployment and inflation during this time. c)Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy. How would these fluctuations affect inflation? Would investments and foreign trade rates increase or decrease? How would the GDP of the American economy be affected?