Requirements
There are two parts to this assessment. Please be sure you complete both parts before submitting.
Part I
• Explain how each of the following relates to the financial crisis of 2007-2008:
o Declines in real-estate values. o Subprime mortgage loans.
o Mortgage-backed securities.
Part II
• Analyze what economists mean when they say that monetary policy can exhibit cyclical asymmetry.
o How does the idea of a liquidity trap relate to cyclical asymmetry?
o Why is this possibility of a liquidity trap significant to policymakers?
Organize your assessment logically with appropriate headings and subheadings.
Additional Requirements
• Include a title page and reference page.
• Include 3-4 pages, not counting title page and reference page.
• Use at least three scholarly or professional resources.
• Use APA format for citations and references.
• Set your assignment in Times New Roman, 12 pt., double spaced.
Resources
Monetary Policy: Economic Analysis 3 Scoring Guide