The economic and financial crisis of 2008-2009 represents the most serious economic downturn in the U.S....

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Economics

The economic and financial crisis of 2008-2009represents the most serious economic downturn in the U.S. and theworld since 1929. Review and discuss the Federal Reserve and itsrole in our economy during this time including a discussion of ournation's three main economic goals. Describe the historic monetaryand fiscal policy efforts undertaken by the U.S. Government andFederal Reserve including both the traditional and non-traditionalmeasures to ease credit markets and stimulate theeconomy.

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Financial crisis of 200809 was characterised by the fall in the aggregate demand significantly it led to the fall in the investment and consumption expenditure as well Thus output declined and unemployments rate increased    See Answer
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