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Explain the key actions of policymakers

Assignment Help Macroeconomics
Reference no: EM132927209 , Length: 5

When policymakers get the economic forecast wrong it can have significant and long-reaching consequences. A recent example of this is the 2008 financial crisis and recession caused significantly by a housing bubble fueled by sub-prime mortgage lending. Analyze the policymakers' choices leading up to 2008. Paper would need to be at least 5 pages

Question 1: Identify and explain the key actions/missteps of policymakers

Question 2: Discuss the theoretical foundation that motivated the policymaker.

Question 3: What assumptions guided their choices?

Question 4: What political factors influenced their choices?

Reference no: EM132927209

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