Provide One Example from the 2008-2009 U

question 6

Essay

Provide one example from the 2008-2009 U.S. financial crisis of how the following types of policies were used to respond to the crisis:
a.conventional monetary and fiscal policy
b.lender of last resort
c.injections of government funds

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Definitions:

Conditioned Response

A learned reaction or response to a previously neutral stimulus after repeated association with an unconditioned stimulus.

Classical Conditioning

A learning process in psychology where two stimuli are repeatedly paired together until an individual associates them with each other, leading to a change in behavior.

CS

An abbreviation often used in psychology and neuroscience for "Conditioned Stimulus," a component of classical conditioning.

US

In the context of classical conditioning, it stands for the Unconditioned Stimulus, which automatically triggers a response without any learning needed.