When COVID-19 Began Spreading Around the World, President Trump

question 12

Multiple Choice

When COVID-19 began spreading around the world, President Trump

• A) Understood the severity of the situation, but chose not to acknowledge it
• B) Was oblivious to the crisis confronting the country
• C) Immediately shut down the entire US
• D) Took immediate action to marshal the resources of the federal government behind testing and contact tracing to contain the virus

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Definitions:

Circular Flow Model

An economic model illustrating the flow of resources, goods, services, and money between sectors in an economy.

Net Taxes

Net taxes refer to taxes paid to the government minus transfer payments received from the government, showing the actual tax burden on individuals or businesses.

Transfer Payments

Payments made by the government to individuals without the expectation of a direct economic return, typically to assist with income support.