A financial crisis brought on by macroeconomic imbalances
A) is usually inevitable given underlying conditions.
B) often happens to countries with strong international positions.
C) is often preceded by capital inflows and an increase in foreign liabilities.
D) is usually the result of fragility in the banking sector.
A
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The outcome of the Stackelberg model is
A) a Nash equilibrium. B) the same as the Cournot outcome. C) that the follower earns zero profit. D) that the follower cannot be on its best-response curve.
Gradual emancipation laws adopted by some Northern states:
a. used tax revenues to compensate slave owners for the financial loss associated with freeing slaves. b. provided for all newborn children of slaves to be freed at birth. c. provided for the freedom of female slaves, but not male slaves. d. recognized that after age 10 the cost of a slave to the owner was less than the benefit of a slave to the owner.
Which of the following statements concerning the circular flow model is (are) correct?
a. an increase in planned savings always generates an increase in planned investment spending. b. planned investment spending is an injection into the circular flow. c. increased investment always results in decreased savings. d. All of these are correct.
If an observed correlation is unlikely to be due to sampling error it has ______.
A) statistical significance B) practical significance C) reliability D) validity