Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 17, 2024

Explain Minsky's theory for how the banking and finance industry will create inherent instability in the economy? That is, explain why stability creates instability.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management And Organisational Behaviour

Authors: Laurie J. Mullins, Gill Christy

9th Edition

027372861X, 978-0273728610

More Books

Students also viewed these Finance questions

Question

Spotlighting opportunities for business in Africa and strategies to succeed in the world's next big growth market Acha Leke @achaleke - Senior Partner and Chairman of Africa Region, McKinsey &...

Answered: 1 week ago

Question

Using thenew trade theory andPorter's theory of national competitive advantage, outline the case for government policies designed to builda national competitive advantage in aparticular industry....

Answered: 1 week ago

Question

All views expressed in this paper are those of the authors and do not necessarily represent the views of the Hellenic Observatory or the LSE George Alogoskoufis Greeces Sovereign Debt Crisis:...

Answered: 1 week ago

Question

★★★★★

A U.S Company David Inc. sold merchandise to Fernando SA for 10,000 on September 14, 2017. The spot rate for euro is $0.720 on this day. On October 12, 2018, David Inc. purchased merchandise from...

Answered: 1 week ago

Question

★★★★★

Fill in the blanks for each of the following independentcases. Variable Operating Contribution Case Revenues Costs Fixed Costs Total Costs Income Margin Percentage $800 1200 $1,000 a. b. $2,400 $400...

Answered: 1 week ago

Question

★★★★★

11. On a trial balance, which of the following would indicate that an error has been made? a. Accumulated Depreciation has a credit balance. b. Service Revenue has a debit balance. c. Salary Expense...

Answered: 1 week ago

Question

★★★★★

1. Ask a second student to summarize what the first student said; then, the first student can try again to explain if the summary is incorrect.

Answered: 1 week ago

Question

★★★★★

Referring to the contingency table in Problem 4.8, if an employed adult is selected at random, what is the probability that a. The employed adult felt tense or stressed out at work? b. The employed...

Answered: 1 week ago

Question

★★★★★

Even though heat transfer co - efficient in boiling liquids is large, use of fins is advantageous, when the entire surface is exposed to _ _ _ _ _ _ _ _ _ _ boiling. Film Nucleate Transition All...

Answered: 1 week ago

Question

★★★★★

An ideal, noble gas with a mass of 97.2 g at 25 C and a pressure of 608 torr has a volume of 22.7 L. 1. What is the pressure (in atm)? SHOW ALL WORK. 2. What is R (number and units)? 3. What is the...

Answered: 1 week ago

Question

★★★★★

On January 1, 2020, Prestige Corporation acquired 100 percent of the voting stock of Stylene Corporation in exchange for $2,293,000 in cash and securities. On the acquisition date, Stylene had the...

Answered: 1 week ago

Question

★★★★★

Pharmaceutical Benefits Managers (PBMs) are intermediaries between upstream drug manufacturers and downstream insurance companies. They design formularies (lists of drugs that insurance will cover)...

Answered: 1 week ago

Question

★★★★★

RI_t=(ROIC_t-WACC_t)*IC_(t-1) Imagine it is currently the first day of 2019. The corporate tax rate is 40% and the WACC is estimated to be 13% pa. Suppose also that there is no surplus cash in any...

Answered: 1 week ago

Question

★★★★★

MONARCH INSTITUTE The partners have all replied to your email approving the financial report. They have also asked to complete additional analysis of the financial data. The business would like to...

Answered: 1 week ago

Question

★★★★★

Armstrong Helmet Company Developed by Dick Wasson, Southwestern College The Business Situation Armstrong Helmet Company manufactures a unique model of bicycle helmet. The company began operations...

Answered: 1 week ago

Question

★★★★★

Go to the "Governmental Affairs" webpage on the American Counseling Association website, located in the Topic 4 Resources, to find options to advocate for the counselors and the counseling profession...

Answered: 1 week ago

Question

★★★★★

Raleigh Department Store uses the conventional retail method for the year ended December 31, 2019. Available information follows: a. The inventory at January 1, 2019, had a retail value of $31,000...

Answered: 1 week ago

Question

★★★★★

Dan and Diana file a joint return. Dan earned $31,000 during the year before losing his job. Diana received Social Security benefits of $5,000. a. Determine the taxable portion of the Social Security...

Answered: 1 week ago

Question

★★★★★

Tomeasurecenter,whyisthe (a) median sometimespreferredoverthemean? (b) mean sometimes preferredoverthemedian?(Hint: Awidevarietyofhighlydiscretefrequency distributions...

Answered: 1 week ago

Question

★★★★★

TheInternetsite www.artofstat.com/web-apps has usefulapps 20 for illustrating data analyses andpropertiesofstatisticalmethods. (a) Usingthe ExploreQuantitativeData app,...

Answered: 1 week ago

Question

★★★★★

A systematic randomsample of n subjectsfromapopulationofsize N selects asubject at randomfromthefirst k = N~n in thepopulationlistandthenselectsevery kth...

Answered: 1 week ago

Previous Question Next Question