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Discuss the economic problem that greece

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a) "Fears had been expressed that financing of the federal deficit might squeeze private borrowers out of the market."

By what mechanism are private borrowers squeezed out of the market?

b) "The government of Greece's debt and deficit problem is compounded by the economic recession that Greece is experiencing"

Discuss the economic problem that Greece is facing as it tries to balance its budget in a period of recession.

Ragan Macroeconomics 16th edition

Reference no: EM132404714

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