By now you all that the “housing crisis” has been implicated as one of the major contributors in the Great Recession. But what exactly was the housing crisis? This assignment consists of listening to an hour-long radio program that addresses that question.
1. Listen to Return to the Giant Pool of Money (Episode 390)
2. In one page, single spaced, font and margins similar to this size, summarize the show and talk about why it interested you. In your summary, use three key terms from your textbook. Underline the terms and indicate which chapter and page (or section) they are from. Use terms from three different chapters. Book: Principles of Macroeconomics