Most analysts in the United States and the international financial community initially perceived the debt crisis as a temporary, short-run liquidity problem so they advised increasing capital flows to Latin America
Indicate whether the statement is true or false
TRUE
You might also like to view...
Refer to Common Property II. Suppose the common property becomes privately owned. If the owner behaves competitively, what entrance fee would he charge for the right to use the property?
The following questions refer to the accompanying diagram, which shows the benefits and costs associated with the use of a common property.
a. PC.
b. PC - P1.
c. P2 - PC.
d. P2 - P1.
Suppose the Fed forecasts a reduction in cash leakages. It might offset the effect of this on the money supply by
A) buying government securities. B) selling government securities. C) lowering the required reserve ratio. D) lowering the discount rate.
U.S. imports are:
A. U.S. goods sold to Americans. B. U.S. goods sold to foreigners. C. Foreign and U.S. goods sold to foreigners, but consumed in the U.S. D. Foreign goods bought by Americans.
When federal government spending exceeds tax revenues, the federal government runs a budget surplus.
Answer the following statement true (T) or false (F)