IMF sees global recession in 2020 and a rebound in 2021 "The International Monetary Fund (IMF) projects 3% contraction in the world economy in 2020 and 5% post-recession rebound in 2021." Source: anba.com, April 14, 2020 1. According to IMF, what output gap existed in 2020? If the IMF forecast is correct, how would this output gap be eliminated in 2021? (2 marks) 2. What actions did the Bank of Canada take to influence the real GDP and how did it influence real GDP growth in 2021? (2 marks) Paragraph BI U A Ev +