a) b) c) d) e) During the 2020 covid-19 pandemic the govemment of Canada Introduced many to help control the spread and suppor families and business and so did the central bank. The policies included wage subsidies. CER_B (62000 payout to individuals) _ closing of all norpessential business reduction of monetary policy rate among others. With the easing of restriction since 2021 , Russia-Ukraine war among other, pnce level has been on the rise. The Central bank, the month of April 2022, in an eff01t to curb increased the policy interest rate by 50 basis pomts. the role of Central Bank m the Canadian economy (2 marks) Explain how the Central Bank interest rate to control Inflation. (3 marks) V.'luch components of Aggregate demand IS influenced by monetmy policy? (2 marks) Usmg your knowledge in macroeconomics and the aggregate demand and supply demonstrate the current State of the Canadian economy _ unclude and explain the graph I (4 marks) Again, using the Aggregate demand and supply diagram, demonstrate the effects (long and short nun) of the new policy rate on the Canadian economy. [Include and a-plain the graph (4 marks)