Tim Geithner, a former U.S. Treasury secretary, has said, The recession that began in late 2007 was

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Tim Geithner, a former U.S. Treasury secretary, has said,

“The recession that began in late 2007 was extraordinarily severe. But the actions we took at its height to stimulate the economy helped arrest the free fall, preventing an even deeper collapse and putting the economy on the road to recovery.” Which two of the three principles of economywide interaction are at work in this statement?

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Microeconomics

ISBN: 9781319245283

6th Edition

Authors: Paul Krugman Robin Wells

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