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smitch6 smitch6
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6 years ago
In the two-period model with default,
A) there is no default in equilibrium.
B) there is never default in the future period.
C) there is always default.
D) the government commits to never default.
E) private sector economic agents can default, but the nation never defaults as a whole.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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Blade73Blade73
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6 years ago
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smitch6 Author
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6 years ago
Thanks
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Yesterday
Thanks
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2 hours ago
Good timing, thanks!
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