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The impact of Monetary and Fiscal Policy that had a helping hand in the Great Recession in the U.S. and what things were done or could have been done to solve the recession or mitigate it.
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The assignment describes about the macroeconomic elements during the great recessional period of 2007-2008. The study specifies the effectiveness of monetary and fiscal -policies through the case study of the Great Recession that occurred in 2007-08 and the response to it by the Federal Reserve and the US government.
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