problem 1:

Illustrate out what factors led to the ongoing turmoil in the financial markets.

problem 2:

Illustrate out the three (3) non-traditional policies which the Fed has introduced in response to the financial turmoil and the reason for introducing each of them.

problem 3:

Interest rates were almost zero in Japan in the late 1990s. Did these low interest rates excite demand for goods and services? Illustrate out with the aid of the suitable concept.