Economists say national mask mandate would boost GDP

July 1, 2020

A national face mask mandate would reduce the expected decline in the gross domestic product by about five percent, according to an analysis by a team of economists at Goldman Sachs. “Our numerical estimates are that cumulative cases grow 17.3 percent per week without a mask mandate but only 7.3% with a mask mandate, and that cumulative fatalities grow 29 percent per week without a mask mandate but only 16 percent with a mask mandate,” the authors wrote.

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