Write one page about analyze the most recent recession using the aggregate expen
Write one page about analyze the most recent recession using the aggregate expenditure model.
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Here is one sentence to help you and you can use it in this essay ;
During the most recent recession, which occurred from 2007 to 2009, under the aggregate expenditures model (Keynesian model) the aggregate expenditures declined due to a decline in consumption and investment spending as well as a recessionary expenditure gap.