The Asian financial crisis was brought about by:
A. excessive loss of national resources.
B. exchange rate crisis.
C. debt crisis.
D. None of these statements is true.
Answer: B
You might also like to view...
An income effect
A. is measured as the change in prices over time. B. is not possible when people are unemployed. C. requires interest rates to remain constant. D. is the change in the quantity demand, due to the fact that real income changes when prices change.
An economy that has no interaction with the rest of the world is called
A) an isolated economy. B) a closed economy. C) a parochial economy. D) a rogue nation.
The long-run aggregate supply when resources are fully employed
A) has no relationship with the production possibilities curve. B) will always be associated with a point outside the production possibilities curve. C) will always be associated with a point on the production possibilities curve. D) is determined by demand.
Which of the following industries has the highest concentration ratio?
a. dresses b. apples c. books d. cigarettes