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ECO202 Southern New Macroeconomic Factors of 2007 2009 Recession Analysis

Jun 7, 2022 | Business Finance,ECO202

Jun 7, 2022 | Business Finance,ECO202

ECO202 Southern New Macroeconomic Factors of 2007 2009 Recession Analysis

Utilize the dynamic aggregate demand and aggregate supply modelanimations and videos in MyEconLab to analyze the macroeconomic factorsthat led to the 2007-2009 recession.

How were GDP, inflation, and unemployment affected during the recession, and how does the model show this?
What monetary policies and fiscal policies were implemented during the recession?
How did the recession affect U.S. trade relations and the U.S. dollar exchange rate?

Comment on the analysis presented by your peers. Share your opinionon the fiscal and monetary policies identified by your peers, and useresearched academic sources to support it.

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