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Macroeconomy (Lecture 10) A century of economic fluctuations
From the…
Macroeconomy (Lecture 10) A century of economic fluctuations
From the Great Depression to the Great Recession
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Consequences on unemployment rates, industrial production, real GDP, consumer price
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Changes in the components of aggregate demand during upswings and downswings (household, business investment, government purchases ect)
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- From The Golden Age to the Great Moderation
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