23) Answer the following questions:

1) The fundamental components of the Eurozone and Subprime crises that resulted in bank collapses and/or

The government falters.

2) the elements that increase a country's risk of financial or banking crises.

3) The early warning signals of an impending financial/banking crisis and how prevalent or absent they are in South Africa and the rest of the world.

4) What macroprudential policies the government can implement to reduce the risk of a financial or banking crises, and if one were to occur, what extraordinary or unconventional steps it could take to lessen the damage to the real economy.