Read the article ALTERNATIVES TO THE FED   written by: Bennett T. McCallum and also watch this link and answer the following question 

     1.Classify the U.S. economic system.

     2.What were the immediate causes of the significant downturn (commonly referred to as the great recession of 2008)?

     3.What has the U.S. government attempted to do to correct the situation?

     4.Were the government’s steps effective? Why not, or how so?

 

 

 

https://www.youtube.com/watch?v=PTUY16CKS-k