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Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the?
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Can't figure out this question Update: Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up
the value of existing financial securities at a geometric rate, specifically from $4 to $8 to $16 to $32 to $64 to $128
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over a six-year time period. Over the same period, the value of the assets underlying the... show more 1 answer
Answers Best Answer: You are studying Keynesian economics, in which theories are modified on the fly to agree with
political slogans, mainly to justify tax-and-spend policies. Answers are whatever your text says they are. When that doesn't work you make up a new slogan, such as "quantitative easing" instead of "bailout". SmartAZ · 4 years ago 1
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