Does the existence of credit market imperfections imply, Econometrics

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Does the existence of credit market imperfections imply

1. Does the existence of credit market imperfections imply that there is a useful role for government tax policy?

2. What are two sources of credit market imperfections?

3. Explain how a default premium can arise, and what would cause it to increase.

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Econometrics: Does the existence of credit market imperfections imply

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Econometrics: Does the existence of credit market imperfections imply

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