Complete the following:1. Chapter 13, Technical Questions 1, 3, and 5 in the textbook.2. Chapter 13, Application Question 1 in the textbook.3. Chapter 14, Application Question 1 in the textbook.Follow these instructions for completing and submitting your assignment:1. Place all answers, both numerical and written, in a single excel spreadsheet.2. Place each problem into a separate tab or sheet in an Excel file.3. Place labels on spreadsheet inputs and outputs, and use the yellow highlighter on the top menu barto highlight your final answer.4. If the question incorporates graphs, you must replicate the graph on your spreadsheet file.Chapter 13, Technical Questions 1, 3, and 5.Chapter 13, Application Question 1.1. In current business publications or on the Federal Reserve Web site (www.federalreserve.gov), findthe press release from the most recent meeting of the FOMC. What is the targeted federal funds rate?How does the FOMC evaluate the balance of risks between its goals of price stability and sustainableeconomic growth? www.federalreserve.govChapter 14, Application Question 11. Describe how the following statements relate to the ADAS model:a. The Fed has bought more than $2 trillion of Treasury and mortgage bonds to stimulate the economy.b. The above actions by the Fed may cause inflation to rise to levels that most would consider unacceptable.c. The Fed expected a weaker dollar to help increase exports.d. Businesses already have ample access to cheap credit and are reluctant to borrow, hire, and investfor other reasons.
