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How to solve these question? QUESTION 3 (a) Since our at money is not backed by any commodity and does not have any intrinsic value,

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QUESTION 3 (a) Since our at money is not backed by any commodity and does not have any intrinsic value, explain where its value comes from. (15 marks) (b) Explain why monetary policy may not be effective in stimulating an economy out of a recession. (10 marks) (25 marks) QUESTION 4 (a) Explain how a xed exchange rate system limits a country's ability to conduct independent monetary policy. (15 marks) (b) Distinguish between revenue tariff and protective tariff. (10I marks) (25 marks)

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