For the Portfolio Project, in a well-constructed paper, identify four policies the government enacted following the financial crisis. Evaluate what effect these policies would have on the economy from both a short-run and a long-run perspective. Be sure to include:
- The distinction between the short-run and long-run economic views and what determines economic output in the relative time periods
- A definition of the measures used to determine economic success in the different time periods
- A link from each policy back to these distinctions and measures.
Policies that I have found are:
- Dodd Frank Act of 2010 (Wall Street Reform and Consumer Protection Act)
- EESA - Emergency Economic Stabilization Act of 2008
- ARRA - American Recovery and Reinvestment Act of 2009
- HERA - Housing and Economic Recovery Act of 2008