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1. What is the economic meaning of a recession? 1a. A brief discussion of fiscal policies 1b. A brief discussion of monetary policies 2. Discuss

1. What is the economic meaning of a recession?

1a. A brief discussion of fiscal policies

1b. A brief discussion of monetary policies

2. Discuss the extent to which the use of demand side policies (fiscal policy and monetary policy) during the Great Recession of 2008 has been successful in restoring economic growth and reducing unemployment

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