7. For a borrower who is collateral-constrained, what happens when the value of collateralizable wealth falls? How

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7. For a borrower who is collateral-constrained, what happens when the value of collateralizable wealth falls? How does this mauer [or the financial crisis7

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Macroeconomics,

ISBN: 9780321733979

4th Canadian Edition

Authors: Stephen D. Williamson

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