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Titlebook: Consequences of Economic Downturn; Beyond the Usual Eco Martha A. Starr (Associate Professor of Economics) Book 2011 Palgrave Macmillan, a

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How Well Does the System Really Work?credit outstanding. The increase in consumer credit card debt among high school students has been particularly notable (see Scott 2010). Among credit cardholders who do not always pay off their balance in full, 12 percent said they did not know their interest rate (. 2009).
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Teaching Financial Literacy in the Wake of the Financial Crisiscredit outstanding. The increase in consumer credit card debt among high school students has been particularly notable (see Scott 2010). Among credit cardholders who do not always pay off their balance in full, 12 percent said they did not know their interest rate (. 2009).
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Rising Inequality and the Financial Crises of 1929 and 2008his analysis is not incorrect, it addresses proximate as opposed to more profound underlying causality. At this deeper level, both crises were in part caused by the consequences of dramatically rising inequality.
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Inequality and Its Discontents: The Real Causes and Consequences of the Crisist the whole economy. Greater access to credit would increase consumption, spur business investment, raise the rate of homeownership, increase productivity, and enable Americans to enjoy a higher standard of living.
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https://doi.org/10.1007/978-1-4471-0217-5ess (chiefly, financial concerns), irresponsible behavior on the part of consumers and borrowers, and ill-designed regulation and intervention by the government—as well as the effects of various aspects of the government response..
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https://doi.org/10.1007/978-1-4419-9701-2prices in many metropolitan areas, housing prices started falling in 2006, and home construction ground to a halt. As mortgage delinquencies and defaults rose, the balance sheets of financial institutions deteriorated, with full-scale financial crisis erupting in fall 2008. This confluence of factor
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