The two key factors that trigger speculative attacks on emerging market currencies are
A) deterioration in bank balance sheets and severe fiscal imbalances.
B) deterioration in bank balance sheets and low interest rates abroad.
C) low interest rates abroad and severe fiscal imbalances.
D) low interest rates abroad and rising asset prices.
A
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GDP does not account for things we do not value or like, and these things are called "economic bads."
Indicate whether the statement is true or false
Which one of the following people would be counted as unemployed in Canada?
A) Ruth is a 14-year-old student and has been looking for an after-school job every day for the past month. B) Ron has quit looking because he believes that there is no work available for him. C) Simone is currently working but expects to be laid off by the end of the month, before next month's survey can be completed. D) Sarah has been looking for a job but is taking a month-long break from the job-seeking effort due to her lack of skills. E) Rebekah is a recent graduate looking for work.
If the productivity of an assembly line worker rises from 6 rivets per minute to 9 rivets per minute, we can say that her productivity
A. fell by 50%. B. stayed the same. C. rose by 50%. D. rose by 100%.
A credible promise is:
A. possible to keep. B. in the promiser's interest to keep. C. legally enforceable. D. made by an honest person.