Suppose you are a member of the FOMC and the U.S. economy is entering a recession. Write a directive (3 typed pages) to the committee about the conduct of monetary policy over the next two months. At the meeting, the committee will respond to changes in economic prospects as needed to support the attainment of its objectives. Your directive may address a target for the rate of growth of the M2 money supply, the federal funds rate, the rate of inflation, and the foreign exchange value of the dollar versus the Chinese Yuan and the Euro. Be sure to make specific proposals. Indicate why your recommendations will work.