Evaluate each statement and show whether expansionary monetary policy or contractionary monetary policy is either most appropriate or applicable.

Question $18$ options:

$12$

Economy is in a deep recession.

$12$

It is very difficult to get loans from banks.

$12$

Concerned about high inflation.

$12$

Unemployment is very low.

$1.$

Expansionary monetary policy

$2.$

Contractionary monetary policy