What are financial frictions and what role do such, Microeconomics

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What are financial frictions and what role do such

Question: What are financial frictions, and what role do such frictions play in the financial crisis? How does a financial friction enter the IS/MP diagram and the AS/AD framework? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Microeconomics: What are financial frictions and what role do such

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