Three Policies for the US Economy today Monetary policy . Fiscal policy . Trade policies (tariffs) One major goal: reduce inflation Using the open economy model for a large economy with capital mobility and floating exchange rates (appendix of chapter 13) as a guide, propose a combination of the three policies listed above to accomplish the goal of reducing inflation. Then very briefly, tell HOW the policy you recommended to reduce inflation, may also impact income (GDP), unemployment, and the trade deficit. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIYS Paragraph Open Sans,sa.. v 10pt