Again regarding Erin Go Broke, why do you think the Irish government tried to stabilize the situation

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Again regarding “Erin Go Broke,” why do you think the Irish government tried to stabilize the situation by guaranteeing the debts of the banks? Why was this a questionable policy?

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Macroeconomics

ISBN: 9781464110375

4th Edition

Authors: Paul Krugman, Robin Wells

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