Please use Chapter 11-13 of the following book as one of the resources. Amacher, R., & Pate, J. (2019). Principles of macroeconomics (2nd ed.). Retrieved from https://content.ashford.edu/Evaluate critically, as a classical economist, what caused the 2007 to 2009 financial crisis.Examine the causes that aggravated the financial crisis during the period as a classical economists.Evaluate the actions that the Federal Reserve and the government took during this period as a classical economist. Do you support their actions in both monetary policy and fiscal policy? Why or why not?Recommend an alternative policy or method that could have better resolved the financial crisis if you were a decision maker (of monetary policy or fiscal policy) during the period.Give advice, as a prominent classical economist, to the Federal Reserve and/or federal policy makers to prevent future economic or financial crises.
