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(Prompt) We have been discussing major macroeconomic concepts like the ADAS Model, money, banking, and financial institutions. This is an opportunity to apply that knowledge.
(Prompt)
We have been discussing major macroeconomic concepts like the ADAS Model, money, banking, and financial institutions. This is an opportunity to apply that knowledge.
Based upon the video: https://www.youtube.com/watch?v=BHw4NStQsT8
"Recession, Hyperinflation, and Stagflation," discuss the following:
- Analyze hyperinflation and stagflation.
- How do these relate to money, banking and financial institutions? Explain your reasoning using economic theories and models.
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