9 In Problem 7, suppose that the government creates a budget deficit of 100 billion and the...

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9 In Problem 7, suppose that the government creates a budget deficit of €100 billion and the Ricardo–Barro effect occurs.

What are the real interest rate and investment?

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Economics

ISBN: 9781118150122

10th European Edition

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

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