Which of the following is not true concerning a currency bailout?
A. The International Monetary Fund will bail out any nation with a devaluing currency.
B. The expectation of a bailout can encourage policies that lead to a currency crisis.
C. It can help avoid a domino effect of depreciating currencies in other economies.
D. It occurs when money is lent to an economy to increase or maintain the value of its currency.
Answer: A
You might also like to view...
As the real interest rate increases, the quantity of saving supplied ________ and the quantity of saving demanded ________.
A. increases; decreases B. does not change; does not change C. increases; increases D. decreases; increases
Which of the following is an example of a service?
A) medical care B) dental care C) a psychology lecture D) a television set E) a, b and c
Which of the following is a merit good?
A. Food. B. Cigarettes. C. Local telephone service. D. A computer operating system.
Government regulations, such as zoning laws, can act as
A. the Big Squeeze. B. barriers to entry. C. marginal costs. D. long-term costs.