Question: Please reference and original answer: 15. The GFC is now thought of as having two parts or phases. Describe each part (or phase) and outline

Please reference and original answer:

15. The GFC is now thought of as having two parts or phases. Describe each part (or phase) and outline some of the measures that have been taken by governments and central banks in Australia, Europe, and the USA to stem the effects of both phases of the crisis on their respective real economies.

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