Problem
1. Explain how a crisis that originated in the financial sector rapidly spread to the real sector in the US in 2007-08/
2. Explain how the 2007-08 crisis in the US generated a global financial and economic crisis that is, explain how the crisis spread to the rest of the world.
3. What policies did the US government enact to cushion the impact of the financial and economic crisis and help speed up economic recovery? Did these measures produce the expected results? Explain your answer.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.