Dont give the same answer if you have done it before or else I will withdraw. I will pass through turnitin.Purpose of Assignment Thisassignment addresses how both monetary and fiscal policies have beenused during the so-called Great Recession, which began in December 2007and ended in June 2009, to the present to moderate the business cycle. Assignment Steps Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft®Office website. There are also additional tutorials via the web offering support for Office products. Create aminimum 10-slide PowerPoint® presentation, including detailed speakernotes or voiceover, in which you analyze your choice of one thefollowing markets or industries:The housing marketFinancial marketsCommodity and stock marketsAnindustry of your choice, such as the automobile industry, the airlineindustry, retail trade, or any other major industry that suffered heavylosses during the Great Recession Your analysis will extendfrom the beginning of the Great Recession, which was December 2007, tothe present and should include the following:An Excel® workbook with the following datasets:Onedataset related to the U.S. housing industry such as housing starts,the FHFA housing price index, or another dataset of your choice relatedto the housing market.One dataset related to personal or household income or to personal or household saving.Onedataset related to the labor market such as the unemployment rate,initial claims for unemployment insurance, or another dataset of yourchoice related to the U.S. labor force.One dataset related to production and business activity within the market or industry you choose to analyze.Findyour datasets by using different internet data sources, including, butnot limited to, the Federal Reserve Bank of St. Louis’s FRED site, U.S.Dept. of Commerce’s Bureau of Economic Analysis (BEA), U.S. Dept. ofLabor’s Bureau of Labor Statistics, U.S. Census Bureau, and TheOrganization for Economic Co-operation and Development (OECD). Usingdata results analyze the economic and sociological forces that drove themarket equilibrium to unsustainable heights, commonly referred to as’bubbles,’ and the shocks that brought the markets back down.Discuss specific changes in supply and demand within the markets and/or industries you chose to analyze.Examineprior government policies and legislation that might have exacerbatedthe impact of the shocks. Also, discuss government actions/regulationsthat might be undertaken, and/or have been undertaken, to moderate theeffects of extreme economic fluctuations.Evaluate the actionsof the federal government (fiscal policy) and the Federal Reserve(monetary policy) to restore the economy and foster economic growth.Base your evaluation on information available at Internet sources suchas, but not limited to, the Fed’s The Economy Crisis and Responsewebsite as well as other appropriate sources found on the Internet andin the University Library. Be sure you address the effectiveness ofthose counter-cyclical policies. Cite aminimum of three peer-reviewed sources and economic data not includingthe course text. Submit the data results in a separate Microsoft® Excel® file.