ECON 101 NLU Monetary Policy Impact Macroeconomic Performance Questions Milestone 4: What Can the Fed Do?   Read the instructions below. Complete the packet. Submit in the Assignments Dropbox.   Milestone 4: Instructions This milestone will focus on course outcomes that cover utilizing models to predict changes in interest rates. Furthermore, you will see how the role of money, the banking system, and monetary policy impact macroeconomic performance.   In this milestone, you are given three scenarios. In each scenario, you will need to determine the appropriate monetary policy response and its impact on the economy. You will also need to trace the chain of events that will occur based on the monetary policy action and whether or not this will help or harm the economy. Be sure to utilize the formulas and concepts learned from Module 7 and 8.   Answer the following questions and be sure to show…    read more