Question

Hi can you please give me a paragraph for each question. I have trouble understanding the 2008 mortgage crisis. thanks

What is the responsibility of FED in causing and controlling the crisis?
Could things have been done differently?
Should we still keep the FED independent from politics?

Answer 1

Answer:What is the responsibility of FED in causing and controlling the crisis?

Step-by-step explanation:

Its core responsibilities include setting interest rates, managing the money supply, and regulating financial markets. It also acts as a lender of last resort during periods of economic crisis, as demonstrated during the 2008 financial meltdown and the COVID-19 pandemic.