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ECO 203 Week 4 Discussion 1, Federal Reserve Bank Policy during the 2007-2008 Recession

• How the Federal Reserve’s lending practices changed during this period.
• What did the Federal Reserve do to support firms deemed “too big to fail.”Do you believe these actions were necessary to avoid a collapse in the financial system?

ECO 204 Week 4 Discussion 2, The Effect of Bank Lending on the Economy

• How does a credit crunch affect consumer spending and business investment?
• How does a credit crunch affect aggregate demand, GDP, and unemployment?

ECO 204 Week 4 Quiz (10 Questions and Answers)