A. In a well-developed paragraph explain to me the origins of the financial crisis in the US as well as how it spread from the housing sector to other sectors of the economy and almost undermined the whole US financial system. Give me a list of the main economic actors who were responsible broadly conceived (e.g., regulators) (feel free to use bullet points). In what ways were Hank Paulson, Ben Bernanke, and Tim Geithner the right people at the right time to cope with the urgency of the crisis. You can disagree with my arguments from class if you want but either way give me reasoned arguments based on empirical evidence. I am not a fan of ideological arguments.
A. In a well-developed paragraph explain to me the origins of the financial crisis in the US as well as how it spread from the housing sector to other sectors of the economy and almost undermined the whole US financial system. Give me a list of the main economic actors who were responsible broadly conceived (e.g., regulators) (feel free to use bullet points). In what ways were Hank Paulson, Ben Bernanke, and Tim Geithner the right people at the right time to cope with the urgency of the crisis. You can disagree with my arguments from class if you want but either way give me reasoned arguments based on empirical evidence. I am not a fan of ideological arguments.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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