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1 how were gdp inflation and unemployment affected during

In 3-5 paragraphs, answer the following:

1. How were GDP, inflation, and unemployment affected during the 2007-2009 recession, and how does the model show this?

2. What monetary policies and fiscal policies were implemented during the recession?

3. How did the recession affect U.S. trade relations and the U.S. dollar exchange rate?

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