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Describe unconventional monetary policy measures taken by governments during the global financial crisis. Use the IS-LM model to show the negative effects of the financial
Describe unconventional monetary policy measures taken by governments during the global financial crisis. Use the IS-LM model to show the negative effects of the financial crisis on the economy and how policy responses could mitigate the severity of the recession.
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Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen
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