Going over flash cards and do not understand these ones! thx1

If inflation rises to 9%, what monetary

Question

Going over flash cards and do not understand these ones! thx

1. If inflation rises to 9%, what monetary

policy would be used to fix the problem? Explain how output, price level, employment and interest rates are impacted?

2. If inflation and unemployment reach 8% at the same time, what fiscal policy would be used to fix the problem? Explain how output, price level, employment and interest rates are impacted?

Can you also tell me if its fiscal or monetary?

Macroeconomics