ECO202 Southern New Macroeconomic Factors of 2007 2009 Recession Analysis Utilize the dynamic aggregate demand and aggregate supply model
animations and videos in MyEconLab to analyze the macroeconomic factors
that led to the 2007–2009 recession.How were GDP, inflation, and unemployment affected during the recession, and how does the model show this?What monetary policies and fiscal policies were implemented during the recession?How did the recession affect U.S. trade relations and the U.S. dollar exchange rate?Comment on the analysis presented by your peers. Share your opinion
on the fiscal and monetary policies identified by your peers, and use
researched academic sources to support it.
