Elements that lead to the financial crisis of 2008 – 2009

1. What are some of the elements that lead to the financial crisis of 2008 – 2009? Responses should include at least one current quality reference, and be sure to include the full source citation author/date/publication/title).
2. What “backs” the money supply in the United States? What determines the value (domestic purchasing power) of money? How does the purchasing power of money relate to the price level? Who in the United States is responsible for maintaining the money’s purchasing power?
3. What is our most important current economic problem? Responses should include at least one current quality reference, and be sure to include the full source citation (author/date/publication/title)

Sample Solution

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