You are a junior executive of a new cellular phone carrier You are asked to write a professional document that discusses the concepts below.

• of the 4 , which monetary policy tool would influence the sale of smartphones in the U.S.
• how would expansionary monetary policy would lead to an increase in the sale of smartphones?
• would an increase in the M1 or M2 money supply would lead to a rise in the sale of smartphones.
• how would higher interest rates and inflation affect the sale of smartphones in the United States.
• Which fiscal policy tool has the greatest influence over the sale of smartphones in the United States and why?