I1) What is the logic of a social insurance perspective on the fiscal policy response to a
pandemic?
2) Explain how a social insurance perspective can provide guidance about unemployment
insurance and hazard pay in terms of who should receive these benefits, how large they
should be, and how long they should last
3) Explain Romer’s assessment that the fiscal response to the pandemic in the United Statesruns from highly useful and appropriate to largely ineffective and wasteful
