I need body paragraphs written. There is already an introduction wrote and some background details. Please follow this and continue on, answering the questions I will have below. Do not worry about writing a conclusion. Please write on the file I have attached below. Feel free to include graphs/tables-if you do please put them at the end of the paper.
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1.What are the main phases of the selected crisis? (Manias, Panics, and Crash) This question is especially important if you choose to identify a crisis that is not mentioned anywhere in our reading.
2. What did the economic situation look like before and after the crisis? Specifically, what happened to key economic indicators, such as, real GDP growth, unemployment rate, inflation rate, and wage? How about the stock market and commodity prices?
3.More importantly, what are the factors, in your opinion, that can potentially ameliorate or exacerbate the effects of the crisis? Hints: Is the country export- and/or import- dependent? Are the major industries counter-cyclical, pro-cyclical, or a-cyclical?
4.What did the government (either the central bank or the fiscal authority) do to reduce the negative effects of the crisis (if any)?
5.(Bonus) What can the government (either the central bank or the fiscal authority) do to reduce the negative effects of the crisis (if any)?
