Which of the following statements is NOT an accurate characterization of Minsky's views? 1 point Every agent
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Question:
Which of the following statements is NOT an accurate characterization of Minsky's views?
1 point
Every agent in the economy--firms, households, governments--can be thought of as a kind of bank, balancing cash inflow and cash outflow
Ponzi financed firms have greater cash outflow commitments than cash inflow
A central bank acting as lender of last resort can and should put a floor under financial crisis
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