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Explain how perverse incentives drove the housing crisis of 2008 Explain interest rates and how they can be used to manage the economy. Discuss fiscal

  1. Explain how perverse incentives drove the housing crisis of 2008
  2. Explain interest rates and how they can be used to manage the economy.
  3. Discuss fiscal policy, monetary policy and who controls them also what is debt and deficit in relation to the policies.
  4. Discuss inflation and who benefits and loses because of it. How does your understanding of this concept help you predict the monetary policy of the world's central banks? How does this influence your personal saving and spending behaviors going forward?
  5. How did the covid-19 economic closure impact U.S. GDP in early 2020.

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