COVID-19 created economic crises for state and local governments. Policymakers and analysts are working hard on evaluating economic analysis and balancing budgets. Refer to readings on economic analysis and review the following two resources.
(Resources Below)
Then, reply to the following questions;
– List elements of economic analysis used in The National Association of Counties (NACo) report.
– What type of economic analysis may have been used in NACo’s report? (Provide rationales from the text for your answer).
– Pew research recommends some tools to determine whether programs and services are effective. What do you think about using these tools in economic analysis? How can they contribute to economic analysis?
Submit your short essay in a word processing document. Using the current APA Style, your essay should be double-spaced with a minimum of 300-500 words (excluding the title and reference pages). Support your conclusions with valid research and sources. Be sure to proofread your assignment as it must be free of spelling errors, grammatically sound, and provide references for any sources.
Resources:
https://www.naco.org/sites/default/files/documents/NACo_COVID-19_Fiscal_Impact_Analysis_1.pdf
https://www.pewtrusts.org/en/research-and-analysis/issue-briefs/2020/09/how-public-officials-can-use-data-and-evidence-to-make-strategic-budget-cuts
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