Learning Goal: I’m working on a economics discussion question and need the explanation and answer to help me learn.
Instructions:
Type your answers by using no smaller than font size 12.
It should be maximum three pages, single space.
Use your own words. Try not to quote sentences and/or paragraphs. You can quote specific terms and/or expressions. No outside sources.
Do not simply make statements and list them back-to-back. Explain the reasoning behind it.
Be concise and refer to the relevant information
Answer the following questions about investment according to heterodox theories.
(b) What is the role of Minskys financial instability of hypothesis in explaining determination of investment expenditures and decision?
(Dont forget to explain clearly what Kaleckis principle of increasing risk and Minskys financial instability of hypothesis mean.
Explain the importance of their respective emphasis on increasing risk given the market structure (represented by mark up and capacity utilization) and financing of investment expenditures and burden of debt over the cycles).
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