Questions and Topics We Can Help You To Answer

http://blogs.wsj.com/economics/2014/02/21/federal-reserve-2008-a-timeline-of-fed-actions-and-financial-crisis-events/
http://thinkprogress.org/economy/2013/03/23/1765481/how-fed-policy-could-leave-the-country-at-the-mercy-of-another-recession/
Write a short essay (no longer than 2 pages) explaining 
1)How monetary policy can influence aggregate demand
2)What the Fed was trying to do during the Great Recession with its activist monetary intervention, particularly Quantitative Easing;
3)How the Fed’s response would have been different had it instead followed a passive policy response. Be specific about what its course of action would had been if the policy response had been passive, and what the expected impacts would have been.