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Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399 Exercise 11
If all banks heeded Shakespeare's admonition "Neither a borrower nor a lender be", what would happen to the circular flow?
Explanation
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Circular flow diagram:
Circular flows i...
Essentials of Economics 8th Edition by Bradley Schiller
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