ECO 202 Milestone Three :Monetary Policies

Specifically, the following critical elements must be addressed:

•   Examine the monetary policies in place at the start of your specific time period in relation to their effects on macroeconomic issues. For instance, consider the discount rate set by the Fed, the rates on reserves, open market operations, and so on.
•   Analyze new monetary policy actions undertaken by the U.S. government throughout the time period by describing their intended effects, using macroeconomic principles to explain the actions.
•   Explain the impact of the new monetary policy actions on individuals and businesses within the economy by integrating the macroeconomic data and principles.