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The Great Moderation consensus agreement that a decrease in the interest rate was the best policy for fighting a recession was ineffective in the Great Recession because:
Emphysema
A chronic respiratory disease characterized by the destruction of air sacs in the lungs, leading to breathing difficulties and reduced oxygen exchange.
Blood Ph
A measure of the hydrogen ion concentration in the blood, reflecting its acidity or alkalinity, vital for maintaining homeostasis in the body.
Concentration
The amount of a substance in a given volume, or how densely packed the molecules of that substance are.
Enteropathogenic E. Coli
A type of Escherichia coli bacteria that causes diarrhea by colonizing the intestinal mucosa, mainly affecting infants and young children.
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