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Question 1: What monetary policy would you expect when an economy experienced a recession? Please explain detailed how it would affect the interest rates, investment,

Question 1:

What monetary policy would you expect when an economy experienced a recession? Please explain detailed how it would affect the interest rates, investment, household consumption, and exports and imports.

Question 2:

How the monetary policy discussed in Question 1 would affect the Balance of Payment's Current Account?

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