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Define money and capital markets

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Reference no: EM131713446

Money and Capital Markets:

Until the 2007-2009 recession, conventional economics wisdom was that the US economy was no longer vulnerable to particularly long or severe recessions. Given that the 2007-2009 recession was both long and severe, is conventional wisdom wrong or was the 2007-2009 recession an aberration? What do you think? Explain your reasoning.

Reference no: EM131713446

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