2. Assume the UK is in recession. (a) Now assume the euro zone, a major trading partner of the UK, enters into a recession as well. If the UK implements an expansionary fiscal policy, what will be the effect on the aggregate demand in the UK? What further policy measures might succeed in raising the value of the fiscal multiplier? (b) If the European Central Bank expands its quantitative easing, what is its impact on the UK exports to the euro zone? Explain