The rapid movement of money across borders can easily overwhelm a country's financial markets when:
A. a country has a heavily leveraged banking system.
B. the required reserves are relatively low.
C. the interest rates are relatively high.
D. a country is small.
D. a country is small.
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When the interest rate is 7.5%, what is the present value of a perpetuity paying $50 a year forever?
a. $375.00. b. $465.11. c. $537.50. d. $666.67.
Explain the difference between the short run and the long run in terms of the number of firms in a competitive market
If the structural stagnation hypothesis is true, what happened to the economy in the early 2000s that made it prone to a financial crisis?
A. Too-expansionary supply-side policies B. Increased trade restrictions C. Too-expansionary demand-side policies D. Slowing technological advance
Product variety is likely to be greater in:
A. monopolistic competition than in pure competition. B. pure competition than in monopolistic competition. C. homogeneous oligopoly than in monopolistic competition. D. homogeneous oligopoly than in differentiated oligopoly.