You will submit a Word document that will answer the following questions. Please

You will submit a Word document that will answer the following questions. Please submit your work using proper APA formatting.
What actions should the Fed take if it believes the economy is about to experience a high rate of inflation? Now, let’s assume you are the President of the Fed and you have to make certain decisions in our economy. If the Fed orders a contractionary monetary policy, describe what will happen to the following variables relative to what would have happened without the policy:
The money supply
Interest rates
Investment
Consumption
Net Exports
The aggregate demand curve
Real GDP
The price level