Use the above symbols to fill in the table below
June 8th, 2024
Symbols: ↑ = Up ↓ = Down — = No effect ? = UncertainUse the above symbols to fill in the table below:a) (5 points)ObservationsEffect onMsMdrIYCThe Fed decreases discount rateThe government implements stimulus packageNet effectsb) (5 points) What if the Fed buys government securities and the government increases spending at the same time? Show your reasoning. You can use the table below:ObservationsEffect onMsMdrIYCThe Fed buys government securitiesThe government increases spendingNet effects