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At a recent family gathering, your cousin insists that the central bank's monetary policy holds the key to economic sustainability and recovery during the pandemic

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At a recent family gathering, your cousin insists that the central bank's monetary policy holds the key to economic sustainability and recovery during the pandemic and as we emerge from it, and that fiscal policy was and is completely ineffective. a. Outline how the actions taken by the central bank differ from fiscal policy? Are there any differences in how the economy responds? b. Which is the most effective strategy for dealing with recessions - fiscal policy only, monetary policy only, a combination of both, or neither. Why? In point form, list the benefits and drawbacks of your recommendation

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