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Can the government and the central bank work together to prevent crowding out effect? Use an IS-LM diagram to explain the steps. What should be
Can the government and the central bank work together to prevent crowding out effect? Use an IS-LM diagram to explain the steps. What should be done by the government and the central bank? Explain your answer.
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Yes the government and the central bank can work together to prevent the crowding out effect which occurs when increased government borrowing leads to ...Get Instant Access to Expert-Tailored Solutions
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1439042233, 978-1439042236
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