• How does monetary policy affect the U.S. economy?

https://www.frbsf.org/education/teacher-resources/us-monetary-policy-introduction/real-interest-rates-economy/

• Understanding the Role of Monetary Policy in the Economy by Christine Smith, (Tuesday, March 31, 2020)

https://www.stlouisfed.org/open-vault/2020/march/understanding-role-monetary-policy-economy

• Monetary Policy: Stabilizing Prices and Output by Koshy Mathai

https://www.imf.org/external/pubs/ft/fandd/basics/monpol.htm

1. What is the effect of monetary policy on inflation. To what extent can monetary policy influence inflation?
2. How can adjusting interest rates make an impact on economy?
3. What is the effect of interest rates on employment in the short run and in the long run.
4. Describe the mechanism how changes in monetary policy affect output and prices in the economy.
5. Reflection - include a paragraph in your own words, using macroeconomic terminology, reflecting on specifically what was learned from the assignment and how it can be applied in the workplace or in everyday life.