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Economics

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Length: 2 paragraphs

Subject: Utilize the dynamic aggregate demand and aggregate supply model animations to analyze the macroeconomic factors that 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?

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Macroeconomics, Economics

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