a) The Central Bank also called the Reserve system, performs multiple functions. Briefly explain these functions. (4 marks) b) The primary responsibility of the Central Bank Reserve system is to influence the monetary (and financial) conditions in a country's financial markets hence the economy. Explain in details. The tools that are used to actualize this function (3 marks) Page 3 of 4 c) At the height of the COVID-19 epidemic, in 2020 each Central Banks in each nation worldwide employed one of the tools that is used to influence the monetary (and financial conditions in their country's financial markets and the entire country's economy to the maximum though at varying levels. Explain in brief the tool that each Central Bank used, and how the Central Bank of Kenya applied this tool. (1 mark) d) The Central Bank's use of tools have resultant effects on various economic variables. i) ii) Explain these effects. (2 marks) The tool that was employed by each Central Bank at the height of COVID Epidemic period was arrived at a specific effect in the respective country's economy. Explain what this effect was? (1 mark)