How were you, your family or your friendsaffected by the recent failure of the financial system to function normally during the financial crisis of 2007-2009?
Answer to relevant QuestionsName two distinct financial markets and describe the kind of asset traded in each. Why are large, publiclylisted companies much more likely than small businesses to sell financial instruments such as bonds directly to the market, while small businesses get their financing from financial institutions such ...Examine nominal GDP (FRED code: GDP) by repeating the steps in Data Exploration Problem 3. Based on the figure showing percent change from a year ago, what was special about the behavior of nominal GDP during the financial ...Consider again the tropical island described in Problem 12. Under what circumstances would you recommend the issue of a paper currency by the government of the island? What advantages might this strategy have over the use ...Under what circumstances might you expect barter to reemerge in an economy that has fiat money as a means of payment? Can you think of an example of a country where this has happened recently?
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