The federal reserve bank implements monetary policy to stabilize an economy suffering from inflation or recession.If the economy is suffering from recession:

1. Describe the open market operations implemented by the federal reserve. Does the federal reserve buy or sell U.S. government treasury bills?
2. What is the impact to the Money Supply? (Graph Required)
3. What is the impact to interest rates?
4. What is the impact to Aggregate Demand? (Graph Required)
5. Would you describe this policy as "easing" or "restrictive" monetary policy?