Part 1: Assume that the country is in a periodof high unemployment interest rate

Part 1: Assume that the country is in a periodof high unemployment interest rates are at almost zero inflationis about 2% per year and GDP growth is less than 2% per year.Suggest how fiscal and monetary policy can move those numbers to anacceptable level keeping inflation the same. What is the firstaction you would take as the president? As the chairman of the Fed?Why? What would be your subsequent steps? Make sure you includeboth the positive and negative effects of your actions and includethe trade-offs or opportunity costs.