When Apple put together a set of digital apps that ran within its own operating system, it was practicing

Which of the following was not a factor contributing to the debt crisis in Latin America?

(a) The oil shocks. (b) Trade liberalization in many developing countries. (c) An increase in global interest rates. (d) A lack of investment opportunities in the developed countries. (e) All of the above.

Suppose you are an advisor to the Business Cycle Dating Committee. You are asked to look at macroeconomic data to evaluate whether the economy has entered a recession this year. Which data do you look at? How does the economy behave at the onset of a

recession? What will be an ideal response?