1. Examine the monetary policies in place at the start of 2005-2014 concerning their effects on macroeconomic issues. For instance, consider the discount rate set by the Fed, the rates on reserves, open market operations, and so on.
2. Analyze new monetary policy actions undertaken by the U.S. government throughout the time period by describing their intended effects, using macroeconomic principles to explain the actions.
3. Explain the impact of the new monetary policy actions on individuals and businesses within the economy.