Describe and critique the use of interest rate cuts during times of economic rec

Describe and critique the use of interest rate cuts during times of economic recovery.
Support your answer with material covered in class, readings provided on Canvas and your own independent research.
Write a professional report for a client with a non-finance background, outlining the findings of your research.
I have attached the relevant readings and lecture slides provided to us. However, independent research is prioritised and needs to be referenced.
This is a professional report so layout has to be suitable and consist of numerous headings and subheadings with a concise style of writing. An executive summary is also required and appendix to be used if necessary.

Unit I Homework Answer the following from the Problems Appendix in the back of y

Unit I Homework
Answer the following from the Problems Appendix in the back of your textbook on pp. 325-326, and upload your answers through Blackboard:
• Chapter 1: Questions 1, 2, and 4
• Chapter 2: Questions 1, 2, and 4
Your completed Homework assignment should be at least three to four pages in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All references and citations used must be in APA style.
Questions
Chapter 1
1. (Definition of Economics) What determines whether or not a resource is scarce? Why is the concept of scarcity important to the definition of economics?
2. (Rational Self-Interest) Discuss the impact of rational self-interest on each of the following decisions:
a. Whether to attend college full time or enter the workforce full time
b. Whether to buy a new textbook or a used one
c. Whether to attend a local college or an out-of-town college
3. (Marginal Analysis) The owner of a small pizzeria is deciding whether to increase the radius of delivery area by one mile. What considerations must be taken into account if such a decision is to increase profitability?
Chapter 2
1. (Marginal Analysis) The owner of a small pizzeria is deciding whether to increase the radius of delivery area by one mile. What considerations must be taken into account if such a decision is to increase profitability?
2. (Opportunity Cost) You can spend spring break either at home working for $80 per day for five days or go to Florida for the week. If you stay home, your expenses will total about $100. If you go to Florida, the airfare, hotel, food, and miscellaneous expenses will total about $700. What’s your opportunity cost of going to Florida?
3. (Specialization) Provide some examples of specialized markets or retail outlets. What makes the Web so conducive to specialization?