Questions: 1. What are the monetary policy measures that Federal Reserve Bank has taken during the COVID-19 Pandemic? 2.

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Questions: 1. What are the monetary policy measures that Federal Reserve Bank has taken during the COVID-19 Pandemic? 2.

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Questions:
1. What are the monetary policy measures that Federal Reserve Bank has taken during the COVID-19 Pandemic?
2. Using an aggregate supply/demand framework, explain the effect of these COVID actions on U.S. economic output and price levels. Include a well-labeled figure.
3. What are the recent steps Fed is planning to take to taper the expansionary monetary policy in coming days?
4. Using an aggregate supply/demand framework, explain the effect of the tapering down actions on U.S. economic output and price levels. Include a well-labeled figure.
5. why Investors are worrying that the tightening monetary policy will lead to a recession?
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