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What were some of the key events of the financial crisis

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Q1. Did the financial crisis of 2007-2009 make a recession inevitable? What were some of the key events of the financial crisis and what are some key lessons learned thus far from the financial crisis? Explain how central banks around the world adjusted their monetary policy during the financial crisis.

Q2. While some people believe that the yield curve is a good predictor of recessions, others are skeptical about the power of the yield curve to predict recessions. Why?

Reference no: EM133104803

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