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Monetary Policies Essays

Macroeconomics – Demand-Side Policies and the Great Recession of 2008

Introduction An economic recession refers to a massive decline in economic activities concerning industrial production, employment opportunities, the country’s GDP, and real income. A significant reduction in aggregate demand brings about a recession for at least two quarters within a particular financial year. In many incidences, an economic recession occurs when the federal government imposes ... Read More
Pages: 4       Words: 972
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