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Assignment:
Final Project - Detroit Bankruptcy Case Study
Write 3-part paper that includes the following:
Part 1: Describe and discuss two major factors that led to the City of Detroit's bankruptcy. Relate these factors to specific concepts covered in this class.
Part 2: Assess which of the seven deadly sins discussed in "The 7 Deadly Sins of Public Finance" article were present in the Detroit case. Support your assertions with the Learning Resources and/or other scholarly sources
Part 3: Reflect back to your Week 1 rankings of the seven deadly sins discussed in "The 7 Deadly Sins of Public Finance" article and the topics covered in this course. Then re-rank the seven sins anew from worst (i.e., the least forgivable) to best (i.e., the most easily forgiven). Defend your rationale and discuss the reasons for any changes from your rankings in Week 1.
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