In the aftermath of the global economic crisis that started to take hold in 2008, Canadian government
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In the aftermath of the global economic crisis that started to take hold in 2008, Canadian government budget deficits increased, yet interest rates on Canada bonds fell sharply, and stayed low for quite some time. Does this make sense? Why or why not?
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Given the answer to question 10 above the supply effect of large deficits should lead to higher int...View the full answer
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Related Book For 
The Economics of Money Banking and Financial Markets
ISBN: 978-0321785701
5th Canadian edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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