The economic and financial crisis of 2008-2009represents the most serious economic downturn in the U.S. and theworld since 1929. Review and discuss the Federal Reserve and itsrole in our economy during this time including a discussion of ournation's three main economic goals. Describe the historic monetaryand fiscal policy efforts undertaken by the U.S. Government andFederal Reserve including both the traditional and non-traditionalmeasures to ease credit markets and stimulate theeconomy.