3. (7 points) This question refers to the causes of the Great Recession (Financial Crisis). (2 points) Why did subprime lending have such an important role in causing the Great Recession? Explain what was different about markets in the period leading up to the Great Recession that made subprime lending so prevalent Explain the role of subprime lending in those same markets crash during the Great Recession. (2 points) Dodd-Frank regulations do not explicitly forbid subprime lending. What does Dodd-Frank do to try to limit risk from this type of lending and what market failure are they addressing by doing so? What is the market failure associated with the concept of being “too big to fail’? How does “stress-testing” address the market failure associated with subprime lending? (2 points) How did “shorting” contribute to the Great Recession and what regulations were introduced under Dodd-Frank to limit risk associate with this activity? What is the market failure associated with shorting using credit default swaps? How does Dodd-Frank regulate credit default swap trades? (1 point) Do you think policymakers are correctly weighting the tradeoffs facing policymakers when regulating risk-taking activities by financial institutions? Explain briefly. Explain briefly

New York City Mayor Andrew Cuomo was indicted on corruption charges.

In the decades before the Civil War, between one-fifth and one-third of all slave marriages were broken up via _________.

In the 1820s, Mexico invited American settlers into

In a world of racialized violence and dominance, southern society sought to protect the sexual purity of

All of the following are true about Uncle Tom’s Cabin EXCEPT

According to the Spanish Fathers (priests), the principal livelihood or occupation of the earliest Spanish settlers in Texas was:

Which of the following social changes enabled women to take prominent roles in social reform movements of the antebellum period?

All of the following are the most noticeable signs of modern technological progress toward the end of Chapter IX (Nine) EXCEPT

In Chapter IV (Four), among roads to the new settlements in the interior, far across the River of the Nuts is the Camino Real known as: