Draw a circular-
What are the four major causes of the 2008 financial crisis? Briefly describe each one.
What are the four main elements of the Dodd-
Explain why an efficient financial system is important.
What is a shadow bank? Give several specific examples of shadow banks.
Explain how an asset bubble can lead to an economy-
What are some of the possible consequences of a financial crisis?
Define moral hazard. Explain the role of moral hazard in the 2008 financial crisis.