Imagine that you are Chairman of the US Federal Reserve and you preside over the hypothetical economy described below. Which of the following might you most reasonably conclude? Current Conditions Actual GDP $100 billion Potential GDP $200 billion Recessionary Gap $100 billion Inflation Rate -12.1% Unemployment Rate 16.8% O The Fed should engage in contractionary monetary policy. O The Fed should engage in expansionary monetary policy. O The Fed should instruct member banks to sell bonds. O The Fed should raise taxes