Choose one  Item 1: “U.S. Fiscal Policy during and after the Covid-19 Crisis” Wr

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Choose one 
Item 1: “U.S. Fiscal Policy during and after the Covid-19 Crisis”
Write a paper that reviews U.S. fiscal policy since March 2020. Part of the paper may be a summary and critically review of “Fiscal Effects of Covid-19” by Alan Auerbach et al listed as Optional in Class #19. However, the paper should go beyond the article and it will be graded, in part, on he quality of your own original commentary and analysis.
Format: Submit it by the posted due date, ideally as PDF file. Microsoft Word or online text entry are also accepted. Important: You must certify that the paper is entirely your own work, under penalty of student conduct charges. Credit is open-ended, depends on quality. As rough indication, a substantive and insightful 3-page paper might get you 3-4 extra points, an outstanding 5-page paper may earn 5-6 extra points.
Item 2: “The Problem of Public Debt Overhang”
Write a paper that examines the economic problems cause by excessive public debt. Part of the paper may be a summary and critically review of “The Good, The Bad, and The Ugly: 100 Years of Dealing with Public Debt Overhangs” listed as Optional in Class #18. However, the paper should go beyond the article and it will be graded, in part, on he quality of your own original commentary and analysis.
Format: Submit it by the posted due date, ideally as PDF file. Microsoft Word or online text entry are also accepted. Important: You must certify that the paper is entirely your own work, under penalty of student conduct charges. Credit is open-ended, depends on quality. As rough indication, a substantive and insightful 3-page paper might get you 3-4 extra points, an outstanding 5-page paper may earn 5-6 extra points.

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