Question

PLEASE HELP ME!

PUTTING IN THE REST OF MY POINTS EXCEPT ONE
Could we have a "financial panic" today? Is so, explain what do you think might happen? If not, then explain what protections are in place to prevent one.

Answer 1

We could definitely have a financial panic today.

Step-by-step explanation:

If. the unemployment rate rises people will stop speeding money and it will cause economic collapse.

The value of the dollar will drop and the cost of goods and services will rise. People will stop investing in the economy and it could lead to another depression.