Rather than use the hypothetical information above, determine from available news sources if the Fed is increasing, holding steady, or decreasing interest rates. Similarly, is the Federal Government increasing spending or holding steady? Then use the AD/AS model to predict what will happen to the real GDP, inflation pressure, and unemployment. . If you were the Fed chairman, would you have done something different? Why or Why not? If you were in charge of the Federal Government, would you have done something different, why or why not?