Sign In
Not register? Register Now!
Essay Available:
Pages:
2 pages/≈550 words
Sources:
Check Instructions
Style:
APA
Subject:
Mathematics & Economics
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 8.64
Topic:

Economic relief essay. Mathematics & Economics Essay

Essay Instructions:

Economic Relief Essay
If you tell taxpayers they're getting a stimulus check, they're going to want to know how much it's worth. Once they know how much it's worth, they're going to want to know when they're getting the payment. And once they get the the payment, they're going to want to know the best way to use it.
EXERCISE DIRECTIONS:
1) Write an essay about the U.S. economic relief provided recently from stimulus checks.
2) Do research on the Internet to find information about this economic relief initiative.
3) The essay must have 6 paragraphs.
4) Each paragraph must have 5 to 10 sentences. Include information in all your paragraphs regarding
circumstances that may vary for different taxpayers and make decisions about stimulus check money
different from one taxpayer to another.
5) The first paragraph should explain the facts of the economic relief initiative. Explain the following:
a) b) c) d) e) f)
Which taxpayers get a stimulus check?
How much is the stimulus payment amount?
When do taxpayers get the payment?
Why did Congress decide to approve the sending of stimulus checks to taxpayers? How is this supposed to help taxpayers?
How is this supposed to help the economy?
6) Write
money from the stimulus check. Think of different ways the money may be spent by someone or different ways the money may be saved by someone. Look online to find information for using the stimulus check money. For each of the 3 scenarios explain what is smart about the way the taxpayer is using the money. (Remember to write 5 to 10 sentences for each of the 3 paragraphs.)
7) Write the fifth paragraph with information that explains your opinion about the best way to use the stimulus check money. (Remember to write 5 to 10 sentences.)
8) Write a final (sixth) paragraph with information that explains how you would use $1,200 from a stimulus check if you had graduated from college and were out working and living on your own. Also explain why you decided to use the $1,200 this way. (Remember to write 5 to 10 sentences.)

Essay Sample Content Preview:

Name:
Instructor:
Institution:
Date:
Economic Relief
As a strategy to help those affected by the coronavirus pandemic, Congress included stimulus checks in the implementation of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The aim of the stimulus checks is for the recipients to immediately spend the money, which is a direct way of jumpstarting economic growth. Adults earning a maximum of $75, 000 received a stimulus check of $1,200 while couples earning up to $150, 000 received $150, 000. Eligible couples with children received an additional $500 per child below 17 years (Still & Long, 2020). The amount of each stimulus check that an individual or couple received was based on the 2018 or 2019 tax returns. The stimulus checks were disbursed during the second week of April.
One of the main goals of stimulus checks is to ensure Americans live comfortably during the coronavirus pandemic. As a result, the stimulus checks can be used to meet immediate needs such as food, rent, and mortgages. However, emphasis should be placed on food because some companies and financial institutions are offering relief on mortgages and rent. Therefore, the beneficiaries need to locate programs in their states that supplement their immediate needs. Meeting immediate needs is a smart way of spending the stimulus checks because it ensures people live comfortably while injecting money into the economy.
A faction of the stimulus checks provides an extra $500 per child below 17 years. Therefore, parents can use the stimulus checks to open a long term investment account for their children. Opening an investment account for children is a viable option during this time because some states are offering tax benefits while financial institutions are struggling to get customers. This move ensures that children will acquire college education without much struggle. However, investing stimulus checks is only viable for peo...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Order

You Might Also Like Other Topics Related to COVID-19 essays:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!
Order Now