The $50 billion emergency loan orchestrated by the U.S. Treasury and the IMF to Mexico in 1994
A) was a disastrous policy for Mexico.
B) avoided a disaster to the Mexican economy.
C) did not affect Mexico in the short run.
D) did not affect Mexico in the long run.
E) was ineffective both in the short and long runs.
B
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A Lorenz curve summarizes the information provided by a Gini coefficient
Indicate whether the statement is true or false
A bank's costs include all of the following EXCEPT
A) the interest it pays to depositors. B) the interest it pays on its loans or debt. C) the cost of providing services. D) the fees paid to maintain its reserve at the Federal Reserve.
An appreciation of the exchange value of the U.S. dollar would:
a. increase the dollar prices of U.S. imports and the foreign cost of exports from the U.S b. decrease the dollar prices of U.S. imports and the foreign cost of exports from the U.S. c. increase the dollar prices of U.S. imports, but decrease the foreign cost of exports from the U.S. d. decrease the dollar prices of U.S. imports, but increase the foreign cost of exports from the U.S.
If you are convinced that stock prices are impossible to predict from available information, then you probably also believe that
a. the efficient markets hypothesis is not a correct hypothesis. b. the stock market is informationally efficient. c. the stock market is informationally inefficient. d. there is no reason to establish a diversified portfolio of stocks.