Question
The US government and the Federal Reserveis a great source foreconomic data.The Federal Reserve site below will allow you to create graphs using data from
The US government and the Federal Reserveis a great source foreconomic data.The Federal Reserve site below will allow you to create graphs using data from the government.graph a measure of money such as M1 or M2, consumer price index, unemployment rate and real gross domestic product over time. Put time on the horizontal axis of your graph and the other variables on the vertical axis.You should be creating only one graph.Use monthly data that covers a time period of at least five years, with 2020 as the most current year.
Save your graph as a picture and insert into a Word file (.docx).
1.Evaluate the currrentstate of the economy based upon the data in your chart.
2.Prescribe an appropriate monetary policy for the economy.Explain why you selected the policy you did and how it will improve the economy.
3.State at least one assumption that underlies how effective monetary policy will be.
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