Describe the effects of tax policy on monetary and credit conditions.
Answer to relevant QuestionsFederal government deficit financing may have a very great influence on monetary and credit conditions. Explain. Explain how deposit expansion takes place in a banking system consisting of two banks. Why does it seem to be important to regulate and control the supply of money? Explain the role of supply and demand as it relates to the establishment of exchange rates between countries. Explain the role played by the Export-Import Bank in international trade. Do you consider this bank to be in competition with private lending institutions?
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