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A nation is experiencing recession with declining GDP, expectations for negative or low growth and poor profitability, decreasing personal income,

San Francisco, US

A nation is experiencing recession with declining GDP, expectations for negative or low growth and poor profitability, decreasing personal income, and rising unemployment (contractionary business cycle). Using the supply and demand for loanable funds model, explain why the central bank may aggressively expand the monetary base.RS1S2 R1 R2 D QQ1 Q2

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