The following questions should be answered in paragraph format, where possible. it is expected that students will provide a suitable discussion when required. and therefore short answers and point-form are not preferred. 2. Discuss the possible impacts of a restrictive monetary policy on the housing market. 1What conditions {other than a reversal of the monetary policy} may counteract these impacts on the housing market? Provide at least two examples. Assume this is a closed econornv. {smash}