What elements of the recession have led many observers


Problem

What elements of the recession of 2007-2009 have led many observers to refer to it as the Great Recession? Do you think this title is warranted? Explain, using data to back up your conclusions.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What elements of the recession have led many observers
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