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Does the market lead to equilibrium or instability

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Reference no: EM132537355

1. Explain how both see the market functioning.

- What are the key differences?

- Does the market lead to equilibrium or instability?

2. Explain neoclassical equilibrium vis-à-vis Minsky (Keynesian) financial instability hypothesis?

3. What are their views on inflation and deflation- and how do they relate to aggregate supply and aggregate demand?

Reference no: EM132537355

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