Many developing countries have experienced high money growth rates and, consequently, high inflation. Use the government budget

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Many developing countries have experienced high money growth rates and, consequently, high inflation.

Use the government budget constraint to explain how a poor country that wants to increase government spending can get into an inflationary situation.

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Macroeconomics

ISBN: 9781250781284

8th Edition

Authors: William Boyes, Michael Melvin

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