The Federal Reserve used many practices unfamiliar to the U.S. central bank. Respond to the following components as an economist representing either the classical or Keynesian school:

*Evaluate critically, as a classical or Keynesian economist, what caused the 2007 to 2009 financial crisis.

*Examine the causes that aggravated the financial crisis during the period?

*Evaluate the actions that the Federal Reserve and the government took during this period. Do you support their actions in both monetary policy and fiscal policy? Why or why not?