Discussion Post
Watch the YouTube video "Nickels 2e clip 20" and answer the following questions:
a) What is a subprime mortgage?
b) How did banks market mortgages?
c) In 2004, the SEC eased leverage requirements for investment banks. What does this mean?
d) Describe how the Federal Reserve can use its authority to attempt to stimulate the economy.
e) One of the major problems that led to the financial crisis was the housing bubble. What is meant by the term "housing bubble"?
f) Name and explain the four reasons the Congressional committee identified for the recent financial crisis.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.