Has the recent financial crisis and recession supported or discredited any of the macroeconomic theories discussed in
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Has the recent financial crisis and recession supported or discredited any of the macroeconomic theories discussed in this chapter? If it was a result of excessive credit creation associated with central banks keeping interest rates too low for too long, what might you answer?
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The recent financial crisis and recession have both supported and challenged various macroeconomic theories depending on the perspective and interpret...View the full answer
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