Write an essay about Actions by US governments at all levels and the Federal Reserve to deal with the collapse of tax revenues, increased unemployment and severe banking illiquidity associated with the financial crisis and recession.
one reference is needed
PLEASE ANSWER THE FOLLOWING IN THE ESSAY BASED ON THE ABOVE TOPIC:
Analyze the economic and sociological forces that drove the market equilibrium to unsustainable heights and the shocks that brought the markets back down. What might be done to moderate the effects of these economic swings?
Discuss specific changes in supply and demand.
Examine prior government policies and legislation that exacerbated the impact of the shocks.