i am taking macroeconomic class. i need help with these. About Monetary Policy Actions, Monetary. Policy Impact, in year 1950-1959.

Federal Reserve controls our monetary policy and they have a four main goals

1) Price Stability

2) High Employment

3) Economic Growth

4) Financial Market Stability

1) examine what the monetary policy initiatives were going forward, and respond to the changing economic landscape throughout 1950-1959.

2) specifically state what the intent of the actions were in 1950-1959 - (for instance, the Fed may expansionary policy to help expand the economy in response to a recession. Such policies could have been buying up government bonds - this puts money into the economy since the Fed is buying these bonds from a bank and then the bank can use that money in the economy. This open-market operation increases the money supply.)

3) Then, use macroeconomic principles and models (to show impact of interest rates on equilibrium GDP. Phillips Curve, etc.) to explain why the action would lead to the outcome desired by the government(year 1950-1959)

4) look at the macroeconomic data below to see if policy actions achieved their goals in 1950-1959. (For instance, if the Fed raised interest rates as a contractionary policy aimed at slowing down inflation, did it work?)

5) (There might also be examples of where the Fed misread the economic landscape and initiated expansionary policy when they should have taken on contractionary policy, or vice versa.) Consider all actions taken by the Fed during 1950-1959 and analyze their impact on the overall economy, paying particular attention to GDP growth rates, unemployment and inflation.

6) consider how individual households and businesses were impacted by the policy decisions in 1950-1959. (For example, if interest rates were increased, how did this affect people's ability to buy new homes or cars? How did it affect business investment?)

Compounded Annual Rate of Change