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These indicators are the Real Gross Domestic Product (GDP), the Inflation Rate and the Unemployment Rate. The tools that are at your disposal include the ability to adjust the Federal Funds Rate (FFR), the Discount Rate (DR) and the Required Reserve Ratio (RRR). In addition, you have control of the Open Market Operation (OMO) through the buying and selling of bonds, t-bills and other federal instruments. As you move through the ten-year period, the economy is affected by an Asian import threat, an increase in the minimum wage, an increase in Defense spending, a European economic crisis, a tax cut, and a trade embargo...
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