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1.What are the main macroeconomic indicators? Explain briefly each of them. 2.If there is a recession in the economy and there are two types of

1.What are the main macroeconomic indicators? Explain briefly each of them. 2.If there is a recession in the economy and there are two types of instruments, monetary and fiscal policy to use for the recovery; a)What will be the policy instrument that you are going to choose if you want to have a solution in the short run? What are the advantages and disadvantages of that solution instrument? b) What will be the instrument and method that you are going to choose if you want to have a solution in the long run? What are the advantages and disadvantages of that solution instrument

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