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Analyze the role of credit in our economy (the US economy) and how it influences the business cycle. Please explain how the role of credit

Analyze the role of credit in our economy (the US economy) and how it influences the business cycle. Please explain how the role of credit leads to the stability of our economy. Specifically, evaluate the concepts of financial accelerator and liquidity in your analysis.

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Role of Credit in the US Economy 1 Consumer Spending InfluenceCredit enables consumers to make purchases beyond their immediate financial capacity Imp... blur-text-image

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