1.38 Explain how bailing out troubled banks and taking them into public ownership avoids the risk of...

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1.38 Explain how bailing out troubled banks and taking them into public ownership avoids the risk of a serious collapse of aggregate demand. Does the government borrowing to buy the troubled banks have any effect on aggregate demand?

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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