Research all the monetary policies that took place in the last 20 years.

A. Timing

Go back to the graph that you build in part 1 and compare the timing of the policies with the graph. For each one of the policies answer the following:

Is this measure a prevention or a reaction?

Did the implemented policies work? If yes, how long it took for them to produce results? If not, how do you know?

B. Mechanics

For each one of the policies answer the following.

What were the measurements (tool or approach) taken?

Which of the GDP variables were meant to be targeted?

Observe the line for the targeted variable(s). What changes do you observe?

Is there also an effect on the overall GDP? Explain.