What were the main reasons behind the recent recession in us, Microeconomics

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What were the main reasons behind the recent recession in us

Problem

What were the main reasons behind the recent recession in the US? What impact did it have on the US economy? How did it impact the world economy (if at all)?

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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