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Question #2: Financial Crisis: TRUE/FALSE/UNCERTAIN: Provide economic reason(s):CLAIM: The U.S financial crisis led to the EU sovereign debt crisis Question #3: Regulations: Explain the channels

Question #2: Financial Crisis: TRUE/FALSE/UNCERTAIN: Provide economic reason(s):CLAIM: The U.S financial crisis led to the EU sovereign debt crisis

Question #3: Regulations: Explain the channels and the dynamics of the effects of leverage cycles on policymakers responses. Hint: Think systemic risk. Be very detailed in your response. The question is more demanding than it seems.

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