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QUESTION 1 A) SINCE THE BEGINNING OF THE COVID PANDEMIC THE CENTRAL BANK OF TRINIDAD AND TOBAGO HAS TAKEN ACTION TO MANAGE THE IMPACT OF

QUESTION 1

A) SINCE THE BEGINNING OF THE COVID PANDEMIC THE CENTRAL BANK OF TRINIDAD AND TOBAGO HAS TAKEN ACTION TO MANAGE THE IMPACT OF THE PANDEMIC ON THE LOCAL ECONOMY. DISCUSS TWO TOOLS OF MONETARY POLICY EMPLOYED BY THE CBTT AND THEIR IMPACT ON THE ECONOMY.

B) US INFLATION HAS INCREASED SIGNIFICANTLY IN RECENT MONTHS. DISCUSS WHAT ACTION THE US FEDERAL RESERVE CAN TAKE TO REDUCE INFLATION THROUGH THE USE OF MONETARY POLICY TOOLS.

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