When the government gave out these loans, it was 'creating' money and injecting it into the economy. This increased the money supply and expanded the circular flow.
Please read her full post.
Thursday, February 17, 2011
Home Buyer Tax Credits
Alison discusses the repayment of the 2008 home buyer tax credits through the money supply and circular flow.
Please read her full post.
Please read her full post.
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