The external shock that hit Mexico and other Latin American countries in the early 1980s that caused the Lost Decade was a collapse in world oil prices
Indicate whether the statement is true or false
FALSE
You might also like to view...
What are the fundamentals of Coasian reasoning?
The net present value of $1,000 received at a time in the future would
a. decline if the $1,000 were received sooner. b. increase if the delivery date for the $1,000 were set farther into the future. c. increase if the interest rate rose. d. increase if the interest rate fell.
If the dollar were to depreciate against major foreign currency, the dollar's depreciation should result in:
A. an increase in U.S. exports and an inward shift of the U.S. aggregate demand curve. B. an increase in U.S. exports and an outward shift of the U.S. aggregate demand curve. C. a decrease in U.S. exports and an inward shift of the U.S. aggregate demand curve. D. a decrease in U.S. exports and an outward shift of the U.S. aggregate demand curve.
When people decide to increase the amount of currency they are currently holding
A. the actual money multiplier will increase. B. the potential money multiplier will decrease. C. the potential money multiplier will increase. D. the actual money multiplier will decrease.