What are the main causes of the 2007-2008 financial crisis? What are the consequences of this financial crisis? What policy measures did the US government and the Fed take to deal with the financial crisis?
The US Economy is experiencing a huge trade deficit over last few decades. Explain the causes and consequences of this trade deficit on the US economy.
Under what circumstances the trade deficit is really bad and under what circumstances the trade deficit is not too bad? Expalin.