Question

Imagine you are the policy advisor for the Federal Reserve during this time period. Comparing the graphs during the same windows of dates/years, explain at what point you would implement monetary policy and what would indicate the Federal Reserve to act at this time. Give at least 2 steps the Federal reserve might take to regulate the US economy.

*Note- Q1 is January-March of any given year, Q2 is April- June of any given year, Q3 is July- Sept of any given year, and Q4 is Oct- Dec of any given year. When answering, make sure you actually specify the year you are referring to.

REMINDER - Absolutely no outside resources are allowed to be used on tests. This includes but is not limited to the use of lessons, notes, internet resources, and artificial intelligence. To do so is a violation of the honor code and will be reported.

(6 points)

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