Contraction/Recession Chart Expansion/Boom Chart Contraction/Recession Chart Peak Peak Measurement Tools GDP = UP CPI = UP Unemployment = Down Measurement Tools GDP = Down CPI = Down Unemployment = UP Expansion Expansion Contraction Contraction Trough Trough FIXES: Take money out of the economy FIXES: Put money into the economy Monetary RR = Up OMO = Sell DIR = Up Fiscal GS = Down Taxes = UP Monetary RR = down OMO = Buy DIR = Down Fiscal GS = Up Taxes = Down Results GDP = Down CPI = Down Unemployment = UP Results GDP = UP CPI = UP Unemployment = Down