Movement of money to another country for fear of a sudden loss of value is
a. conditionality
b. default
c. debt service
d. capital flight
e. none of the above
D
Economics
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Deadweight loss
a. measures monopoly inefficiency. b. exceeds monopoly profits. c. equals monopoly profits. d. equals monopoly revenues minus profits.
Economics
Suppose your bank raises its minimum-balance requirement for free checking on checking accounts by $500. You take $500 out of your passbook savings account and put it in your checking account. What is the overall effect on M1 and M2?
A. M1 rises by $500; M2 is unchanged. B. M1 rises by $500; M2 falls by $500. C. M1 is unchanged; M2 is unchanged. D. M1 is unchanged; M2 falls by $500.
Economics