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Business, 27.08.2021 02:10 puppycity78

Imagine a country (Grand Fenwick) where the government spent significantly more on fiscal programs than its taxes. It had a banking system where there was little central bank independence. Imagine that GNP growth in Grand Fenwick is very modest. Assume countries around the world shied away from Grand Fenwick's currency. What conditions would you expect in Grand Fenwick

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