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Reasons that the recession of 2008-2009 did not become a depression include: i. The Fed bailed out troubled financial institutions. ii. The government aggressively balanced
Reasons that the recession of 2008-2009 did not become a depression include: i. The Fed bailed out troubled financial institutions. ii. The government aggressively balanced its budget. iii. The government increased its expenditures, which increased aggregate demand. Group of answer choices i only ii only iii only i and ii i and
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