PROMPT 1: Do you think the Fed responded correctly to the 2008 financial crisis? If so, why? If not, why not?

PROMPT 2: Do you think the Fed is responding correctly to the current crisis? If so, why? If not, why not?

(Note: ONLY ANSWER ONE OF THE PROMPTS!)

COMPONENTS: A complete paragraph will include:

A thesis statement that BOTH states your opinion AND introduces your reasons why

An explanation that includes economic reasoning

Evidence such as an economic model, and example, or economic data

An explanation of why your evidence proves your point

A concluding sentence