This is a short essay/quiz based on minimal research and the tools learned in class. The Fed was very active during the pandemic and continues to be so today. They have instituted historic monetary expansions in an attempt to stimulate the economy.

• Find any media article that discusses Fed activity any time in the interval between the early days of the pandemic until present. Your choice.
• Briefly describe the monetary-policy actions that the Fed employed as described in your article.
• Analyze how the Fed tools would work to stimulate the economy. Hint (possibilities)open market operations, loanable funds market,, demand/supply of money, interest rates, AD/AS, actual vs. potential GDP.

Simply mention your source in your essay. No citation is needed unless you decide to use other outside sources. Then standard citation requirements are in effect