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Original Post: Address all the elements of the assignment in complete sentences that are proofed for capitalization, usage, punctuation, and spelling (CUPS). It is a good idea to construct your answer using Word and then copy and paste it into myLearning. Each element (prompt/question) should be addressed in its own paragraph. There is no word requirement.

Note that rambling will not be positively rewarded.

• Read "The Fed's New Monetary Policy Tools," in Page One Economics and "How the Fed Has Respond to the COVID-19 Pandemic" written by staff at the St. Louis Fed.
  • Provide a summary in your own words of each of these articles.
• Since the end of the Great Recession, interest rates have been at historic lowsin some cases, close to zero.
  • How do near-zero interest rates limit the ability of expansionary monetary policy to work? Explain fully. Try to use this article, your textbook, or an additional source (documented) that supports your opinion.
  • Are you concerned by the Fed's recent actions regarding the money supply? Explain fully. Try to use these articles, your textbook, or an additional source (documented) that supports your opinion.
• Don't limit yourself to ideas from the module. Always strive to be detailed, specific, and clear in your writing. Assume your audience is a high school economics student.