The two interconnected concepts that lie at the heart of many financial crises are:

A. rational expectations and leverage.
B. irrational expectations and forecasting.
C. forecasting and leverage.
D. irrational expectations and leverage.


D. irrational expectations and leverage.

Economics

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What are the differences between public goods and private goods?

What will be an ideal response?

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From the late 1940s until the creation of the WTO, the organization that was primarily responsible for conducting rounds of trade negotiations was the

A) World Bank. B) IMF. C) ITO. D) United Nations. E) GATT.

Economics

Government intervention is sometimes used to reduce the external costs of production.

Answer the following statement true (T) or false (F)

Economics

Which of the following does NOT indicate intraindustry trade?

A) Trading Jeeps for Toyotas B) Trading Boeing airplanes for Airbus airplanes C) Trading Bush beer for Heineken beer D) Trading Japanese-made films for Hollywood-made films E) Trading oil for trucks

Economics