1.Discuss the fiscal and monetary policy measures that have been put in place to deal with...

1.Discuss the fiscal and monetary policy measures that have been put in place to deal with the effects of COVID-19. Use graphs to explain the different policies and explain how you think they will affect output and employment in the short and the long run.

2. Would the impact be different if the country was under a fixed exchange rate regime?

3. Would you recommend a fixed exchange rate regime in the context of COVID-19, seeing how the rand has suffered?

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Expert Solution

Rahul Sunny answered 1 year ago

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