1. Describing the current economic situation, Neil Kashkari the head of the Federal Reserve bank in Minneapolis recently said this could be a long hard Road that we have ahead of us until we get to either an effective therapy or vaccine it is hard for me to see V shaped recovery under that scenario discuss.

2. What are the three basic functions of money? Describe how high rates of inflation can impact moneys ability to perform each of the three functions.

1. Medium of Exchange

2. Unit of Account

3. Store of Value

3. Make a list of the Financial crisis that happened in the last 100 years and briefly discuss the causes and results of each one.