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    Exam 13: Fiscal Policy Appendix Taxes and the Multiplier
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    In 2009 Many Lenders Refused to Make More Loans to Greece
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In 2009 Many Lenders Refused to Make More Loans to Greece

Question 202

Question 202

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In 2009 many lenders refused to make more loans to Greece because they were not confident that Greece was able to repay its debt.

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