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Consider the role of fiscal and monetary policies in mitigating the economic impact of the COVD-19 pandemic by: Please describe the measures taken by global

Consider the role of fiscal and monetary policies in mitigating the economic impact of the COVD-19 pandemic by:

  1. Please describe the measures taken by global central banks to mitigate the economic impact of the COVID-19 pandemic.
  2. Please explain the limitations of relying on monetary policy to mitigate the economic impact of the COVID-19 pandemic.
  3. Please discuss the room for fiscal policy in mitigating the economic impact of the COVID- 19 pandemic. What is the limit to increased government spending?

(With references/Link)

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