=+ 2. Starting in 2008, as the economy entered the Great Recession, unemployment soared while interest rates

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=+ 2. Starting in 2008, as the economy entered the Great Recession, unemployment soared while interest rates and investment spending fell sharply. The Fed accelerated the growth of M1 in response.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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