6. Will the tools used in Q (4) always works? Explain two such scenarios when they will not.

7. Using information from Q (4), answer using the help of a graph, how would expect the output to reach the maximum level in the monetarist perspective.

8. What do you think is the best policy the government can take to restore output level at the full employment level. Discuss

9. Suppose upon graduation, you land a job that pays you TK 60,000/month, including two festival bonuses (each being 50% of your monthly salary) per year. Giving a detailed breakdown, how much should you pay in taxes?

10. Explain the Laffer curve and denote the optimal tax rate.