The Impact of the 2008 Financial Crisis on the Macroeconomy: A Case Study Introduction The 2008 financial crisis, also known as the Great Recession, was a global economic downturn that lasted from December 2007 to

Up to this point, you’ve studied the 3 macroeconomic measures (GDP, Inflation, Unemployment) and how they impact the business cycle and the macroeconomy.  There are ‘other things’ that also impact the macroeconomy.  For example: 9/11 Terrorist attacks, Droughts, Hurricanes, Forest Fires, Virus pandemics, and Wars.  
For this assignment, review the following article to help inform your research and writing: 
Rodríguez-Caballero, C.V. & Vera-Valdés, J. E. (2020). Long-Lasting Economic Effects of Pandemics: Evidence on Growth and Unemployment. Econometrics, 8(3), 37-53. 
For this assignment complete additional research and answer the following prompts.  
Given what you’ve learned about macroeconomics, select one ‘other thing’ in the past that has impacted the macroeconomy.  Clearly explain what you’ve selected and why you think this ‘other thing’ has impacted the economy.  
Provide the time frame for this ‘other thing’.  Clearly identify the GDP, inflation, and unemployment data for the U.S. for the time frame of the impact.  
Based upon your macroeconomic measurements above, explain in detail what the impact was to the macroeconomy from ‘other thing’.
If there have been worldwide impacts, be sure to discuss these in your paper.
Your write up should be no more than 4 double-spaced pages. (fonts should be 12 points). You must make a well thought out, concise, paper.  Be sure to support your work with specific examples. Be sure to submit your assignment as a word document through the online course site.  Be sure to include your research references cited in APA format at the end of your paper.
Your assignment should be approximately 1,000 words in length (typically, four double-spaced pages), not counting cover page, reference list page, appendices, figures, or tables.
Your assignment should include a title page and a reference list page, and be completed in Times New Roman 12-point font, double-spaced, with appropriate header, page numbers, one-inch margins, and meet all other requirements of APA Stylebook. 
Please cite your additional resources used/referenced in the most current APA format 
An abstract is not required. 
Please refer to the rubric associated with this assignment for detailed guidance about expectations and grading.