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You were familiarized with GDP(Gross Domestic Product) in this module. Sometime
You were familiarized with GDP(Gross Domestic Product) in this module. Sometimes, economic topics seem pretty remote and not immediately related to our everyday lives. However, think about COVID 19 in 2020. While many Americans were affected by the virus, many more were impacted by the decreased economic activity and new ways of doing business put in place trying to contain the virus. Which of the changes made do you think might end up being permanent and kept in place after the pandemic is contained? As an example, restaurants were allowed to expand their outdoor seating to occupy sidewalks and parking lots. These expansions needed to be approved by local governmental officials. Will these special regulations continue for good?
GDP LINK:
https://www.stlouisfed.org/education/economic-lowdown-video-series/episode-7-gross-domestic-product
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