Please describe the effects of retiring government securities on the financial system and the economy. Whose securities should be paid off if the federal government wants to have the maximum negative (contractionary) impact on the economy?

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The Answer of Please describe the effects of retiring government securities on the financial system and the economy. Whose securities should be paid off if the federal government wants to have the maximum negative (contractionary) impact on the economy?

Please Describe the Effects of Retiring Government Securities on the Financial