Economics Homework Help
Economics Homework Help. US Econ History
T-accounts for government, business and household borrowing from the banking system and associated GDP expenditures.
Draw a set of generic T-accounts that explains all of the above in one set of accounts that illustrates borrowing from the banking system as well increased GDP. (OK to show NW fall or Tangible asset increase in single account.)
Include a detailed one-page-maximum explanation of each of both steps in the above.