B. Elaborate on how the following monetary policies can be used as a tool to mitigate the impact on economy where country is experiencing a recession. (Hint: You may use basic principles/theory of economics to explain this. Graphic representation such as curve/graph would be useful to help on showing the effect to Aggregate Demand (AD), inflation (unemployment) or country growth. i) Aggregate demand ii) Inflation

B. Elaborate on how the following monetary policies can be used as a tool to mitigate the impact on economy where country is experiencing a recession. (Hint: You may use basic principles/theory of economics to explain this. Graphic representation such as curve/graph would be useful to help on showing the effect to Aggregate Demand (AD), inflation (unemployment) or country growth. i) Aggregate demand ii) Inflation

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Year GPP IncomedfIst Taale Incame of Dnd Tersile Incamedt3rd Terat 1950 atrilao,4Trillion 10.6 Trillion ITrillion doa016Till 0.8 Trillon l2.4 Trillionl 12.8 Trillicn Compute 6PP between 1950 and 2020 A, 1,200%. B. 100 Cil,H00 Y. D. l,600%-
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