Financial Institutions

Written Responses:Unless otherwise indicated, there is a 220 word minimum response required.Credible reference materials, including your course textbook(s), may be used to complete the assessment.If you have questions regarding the credibility of your reference, please contact your professor.APA InformationIn-text and reference citations are required for all written responses.NOT REQUIRED:    title page, margins, header, double spacing, and hanging indentationFor questions concerning APA formatting, please refer to the APA Guidelines found at the Student Resources link on your Course Menu.Please list answer and question together and Do not copy from the internet.1.What are the three-stages found within a financial crisis for the United States? Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.2.What are the eight basic facts that support the reason for having financial institutions? Your response should be at least 220 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.3.What are the issues that are involved with the idea of moral hazard? Your response should be at least 220 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.4. What are the issues that are involved with the idea of adverse selection? Your response should be at least 220 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.