Question: Hi, can u help me with this question? The Great Recessionsometimes referred to as the 2008 Recessionin the United States and Western Europe has been



Hi, can u help me with this question?



The Great Recessionsometimes referred to as the 2008 Recessionin the United States and Western Europe has been linked to the so-celled "subprime mortgage crisis.\" In relation to the recession, include the following in your presentation content. 4. Monetary and fiscal policy tools are used in country to help keep economic growth stable with low inflation, low unemployment, and stable prices. Unfortunately, there is no silver bullet or generic strategy that can be implemented as both sets of policy tools carry with them their own pros and cons. Used effectively however, the net benefit is positive to society, especially in stimulating demand following a crisis. Present your view of the monetary and fiscal policy in combating the negative economic impacts of covid-19. (Minimal explanation on the theory is needed. Focus your thoughts on the pros and cons of each policy and how they play a role in stimulating the economy) 2. What are the main factors which led the economy into the Great Recession? (Great Recession is mainly caused by a few prominent factors. These factors have slowiy build up over a period of time thus leading towards this huge crisis to many countries. It is advised to give 5factors
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