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As we all know, with the COVID-19 pandemic, almost all countries in the world are experiencing a slowing down in their economies. To make it

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As we all know, with the COVID-19 pandemic, almost all countries in the world are experiencing a slowing down in their economies. To make it worse, we also need to deal with inationary pressures in many parts of the world. Based on models that we have developed in our course, in your opinion: 0 Which one is more effective in ghting the current slowing down and higher ination in the economy: Fiscal Policy or Monetary Policy? 0 How would it be different if the policy was implemented in the developing/emerging market countries Vs. the advanced countries? Keep in mind, again, that there is no right or wrong answer for these type of questions. The most important thing is how you justify your answer based on theories, models, facts, or/and the empirical data

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