University of Missouri Kansas City Debt Deflation Macroeconomics Paper
Question Description
1-2 pgs. No fluff. Standard margins and font.
Either
A) Compare and contrast the heterodox (Marxist/Post-Keynesian/Institutionalist/Minskian) and mainstream views regarding financial instability.
OR
B) Describe debt deflation that can occur during a financial crisis. What happens to borrowing and lending markets? What happens to asset prices?
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