Briefly describe what happened in the Global Financial Crisis (GFC) of 2008- 11? b) Analyze graphically the impact of GFC on the loanable fund market. c) The central banks in the advanced economies used Quantitative Easing to grapple with GFC. Explain how this move will affect your answer in (b)

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a The Global Financial Crisis GFC of 200811 was a severe worldwide economic crisis that originated in the United States housing market Here is a brief description of what happened during the GFC 1 Hou... View the full answer