> It’s not that easy as the US economy was never “completely stopped”
Yes, 8.3% is obviously the upper bound and in practice it will always be less per month since the economy will never completely stop. The figure is to provide a ballpark estimate of what to expect and also to estimate how much the economy was impacted.
Yes, 8.3% is obviously the upper bound and in practice it will always be less per month since the economy will never completely stop. The figure is to provide a ballpark estimate of what to expect and also to estimate how much the economy was impacted.