Balancing different economic goals is challenging for the Federal Reserve. Sometimes this institution has to choose between different goals, such as lowering inflation or encouraging economic growth. Then the Federal Reserve carries out monetary policy intended to achieve its goal. But the Federal Reserve's actions do not mean that the goal will be achieved. At times, monetary policy is effective. Other times, actions by individuals, businesses, and governments—both at home and in foreign countries—cause monetary policy not to work as well. For this project, you will figure out whether a certain monetary policy was effective or not in achieving its goal.