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ice5192 ice5192
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6 years ago
In the two-period model with default,
A) default occurs when consumption is high.
B) default occurs when the real interest rate is low.
C) default occurs when investment is high.
D) default occurs when government spending is high.
E) default occurs when government spending is low.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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ice5192 Author
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6 years ago
Thank you
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