Countries without well-developed financial systems are able to sustain high levels of economic growth

Indicate whether the statement is true or false

FALSE

Economics

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Regarding the Interstate Commerce Commission (ICC),

(a) historians agree that it was primarily "captured" by the industry that it was supposed to regulate. (b) historians agree that it was primarily "captured" by passengers and shippers to the disadvantage of the railroads. (c) historians generally agree that it was not "captured" by any group, but rather served the public well. (d) historians do not "agree" on any of the above.

Economics

It should be possible to avoid intensifying crises when there are weak financial sectors if

A) banks pay closer attention to the maturity match between their debts and assets. B) governments do not run budget deficits. C) current account deficits are moderate. D) banks do not lend to unworthy creditors.

Economics