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Business, 04.10.2019 20:20 elevupnext1100

In the aftermath of the global economic crisis that started to take hold in 2008, u. s. government budget deficits increased dramatically, yet interest rates on u. s. treasury debt fell sharply and stayed low for quite some time. this seems contradictory, because high budget deficits should push interest rates up. how would you explain it? (hint: make a list of all the factors that put downward pressure and all the factors that put upward pressure on the us interest rates)

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