Mary increases her consumption of Good X after the price of Good Y decreased. For Mary

Conditions that likely contributed to a credit crunch during the global financial crisis include

A) capital shortfalls caused in part by falling real estate prices. B) regulated hikes in bank capital requirements. C) falling interest rates that raised interest rate risk, causing banks to choose to hold more capital. D) increases in reserve requirements.

The German central bank gained international reserves in the early 1970s because it sold ________ to prevent mark ________

A) marks; appreciation B) dollars; appreciation C) marks; depreciation D) dollars; depreciation