1.15. If a series of defaults in the bond market make bonds riskier and as a result...
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1.15. If a series of defaults in the bond market make bonds riskier and as a result the demand for money rises, pre- dict what will happen to interest rates and aggregate output.
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The Economics Of Money Banking And Financial Markets
ISBN: 9780321598905
9th Edition
Authors: Frederic S. Mishkin
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