During the recession of 2008,the U.S.experienced lower real interest rates at the same time investment and GDP were falling.How would a Classical economist explain this recession? Provide a graph of the Classical capital market to illustrate your arguments.

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The Answer of During the recession of 2008,the U.S.experienced lower real interest rates at the same time investment and GDP were falling.How would a Classical economist explain this recession? Provide a graph of the Classical capital market to illustrate your arguments.

During the Recession of 2008,the U