14. President Clinton has suggested that taxes are going to increase. What do you predict will be...
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14. President Clinton has suggested that taxes are going to increase. What do you predict will be the impact on the currency to de¬ posit ratio? Why? What impact will this prediction tend to have on the money sup¬ ply? Can the Fed offset this effect? If so, how?
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Money Banking And Financial Markets An Economic Approach
ISBN: 9780395643952
1st Edition
Authors: Michael R. Baye, Dennis Jansen
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