The fundamental linkage between debt crises and monetary crises that can shift a manageable downturn into an unmanageable panic is referred to as a
a. lender of last resort.
b. crisis of confidence.
c. monetary stagnation.
d. currency devaluation.
b
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Daniel Bell and Francis Fukuyama would agree that __________
a. capitalism has no serious rivals in today's world or in the future b. socialism deserves a second chance in the advanced industrial world c. there will always be significant competition among ideological perspectives d. any ideology can produce a prosperous society given high-quality leadership
All of the following are examples of policy outputs EXCEPT ______.
A. federal government spends $10 million on a study of student loan repayment B. a state government creates a new division within its department of social services C. high school literacy rates improve due to a new state program D. a local government adds a new trash collection day