Answer the following questions. Please rewritethe questions and write your answers in complete sentences and paragraphs. Remember that economics is a science and that we are concerned with describingwhat, how, and why behaviors occur,therefore it should be detailed enough to clearly convey the economic concepts, using the appropriate terminology. you should only rely on the material in this module and text and not on the internet.

Assume the economy is suffering from massive inflation and you are the Chairperson of the FED. What type of monetary policy would you employ and describe what changes are made to the four tools of monetary policy. Describe the subsequent impact on the money supply, interest rates, aggregate spending and real GDP individually.

Answer the following questions. Please rewritethe questions and write your answers in complete sentences and paragraphs. Remember that economics is a science and that we are concerned with describingwhat, how, and why behaviors occur,therefore it should be detailed enough to clearly convey the economic concepts, using the appropriate terminology. you should only rely on the material in this module and text and not on the internet.

Assume the economy is suffering from massive inflation and you are the Chairperson of the FED. What type of monetary policy would you employ and describe what changes are made to the four tools of monetary policy. Describe the subsequent impact on the money supply, interest rates, aggregate spending and real GDP individually.