question archive Given the government budget deficit finance constraint we discussed in class: G - T = ? Bonds + ? Money Base + ? Foreign Borrowing Explain briefly the problem for a developing economy trying to finance a large government deficit, where bond markets are not functioning and foreign banks are unable to extend additional loans
Given the government budget deficit finance constraint we discussed in class: G - T = ? Bonds + ? Money Base + ? Foreign Borrowing Explain briefly the problem for a developing economy trying to finance a large government deficit, where bond markets are not functioning and foreign banks are unable to extend additional loans
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Given the government budget deficit finance constraint we discussed in class:
G - T = ? Bonds + ? Money Base + ? Foreign Borrowing
Explain briefly the problem for a developing economy trying to finance a large government deficit, where bond markets are not functioning and foreign banks are unable to extend additional loans.
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