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Social ScienceGive a solution to fix a serious national recession
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The recession is a situation of declining the Gross Domestic Product of the economy due to the declining trade or other economic activities. When there is a recession experienced by the economy, the economy would experience the fall in the sales revenues of the businesses which makes the businesses from expanding during the period.
The recession causes the reduction in the aggregate demand of the economy due to the lower revenue generated by the businesses in the economy. Thus, the money supply reduc...
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