Which of the following was NOT a cause or a characteristic of the 1994/95 Mexican peso crisis?
A) An overvalued exchange rate
B) An inflow of large foreign portfolio capital
C) The inability of the IMF, the world bank, and the NAFTA member countries (i.e., the United States and Canada) to predict the looming financial crisis
D) Shifts by the world capital markets toward more conservative and risk-averse investments because of interest and exchange rate movements around the world
C
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Indicate how changes in monetary policy are transmitted to the goods and services market? Discuss for the case of an expansion in the money supply
The signaling theory of education is most similar to the
a. human capital theory of education. b. discrimination theory of advertising. c. signaling theory of advertising. d. efficiency wage theory of labor economics.