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How were gdp inflation and unemployment affected during the

Analysis Discussion: What happened during the 2007-2009 Recession?

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?

Video link:

https://media.pearsoncmg.com/ph/bp/bp_hubbard_econ_5/MTC/ch24/MTC24slowgrowth.html

https://media.pearsoncmg.com/ph/bp/bp_hubbard_econ_5/MTC/ch24/MTC2401.html

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Macroeconomics: How were gdp inflation and unemployment affected during the

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