Classical and Keynesian Debate
From 2007 to 2010, the Federal Reserve used many practices unfamiliar to the U.S. central bank. Respond to the following components as an economist representing either the classical or Keynesian school: Evaluate critically, as a classical or Keynesian economist, what caused the 2007 to 2009 financial crisis. Examine the causes that aggravated the financial crisis during the period?
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