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Explain the great recession

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    Assignment Help >> Business Management


    Attempt to briefly explain the great recession according to each of the following four business cycle theories:

    1. New Keynesian

    2. Real Business Cycle Theory

    3. Monetarist

    4. Austrian School

    Use each of the four model perspectives to answer the question: how did this all happen? In your view, was an appropriate Fiscal and Monetary Policy Response followed?

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