Business Cycles
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The US is currently recovering from its worst recession in over 25 years. Using the resource provided in this and earlier modules of the course explain what factors or activities you think helped cause this economic situation. Explain your answer.
Briefly explain what you would have proposed, as President of the United States, to end the 2007-2009 recession. A very large book could be written on this topic so please keep your answer to 2 paragraphs.
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Business Cycles
The US is currently recovering from its worst recession in over 25 years. Using the resource provided in this and earlier modules of the course explain what factors or activities you think helped cause this economic situation.
Thee are several factors or activities that helped caused its economic situation. The first is the reckless lending by financial institution. This created the toxic assets which were mortgages that were valued at far less than the loan amount. This led to the collapse of the investment banks and economic weakness.
Further, low ...
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