Hello I was wondering if I can get some help with finding some resources based on the scenario below if this intervention was really necessary?

What would be considered as the consequences of this intervention?

What might have happened if they had not intervened?

"Stabilization policy is the use of government policy to reduce the severity of recessions and harness in excessively strong expansions. The government manages macroeconomic fluctuations (manage business cycles) to lessen the economic pain of recessions and tame inflation. By coordinating monetary and fiscal policy, the Federal Reserve Bank Chairman, Ben Bernanke, and U.S. Treasury Secretary, Henry Paulson, responded to the financial crisis by intervening in financial markets in unprecedented ways in 2008".

2. Also in regards to the Based information below what are the benefits and detriments of replacing the current income tax system with a flat tax system?

Who benefits and who might be harmed by the introduction of a flat tax?

What implication does the flat tax system have for tax preparation companies such as H&R Block?

"There is ongoing debate regarding the structure of the current income tax system in the U.S. Many opponents of the current system argue that under its current structure, many wealthy households can avoid taxes. The tax system is simply too complicated and confusing for most of the households. One solution that has been proposed is the "flat tax" system".