An important lesson of the Chilean crisis was that

a. inflows of foreign capital should be strictly regulated
b. governments should ensure that the current account balance is kept close to 0
c. governments need to maintain regulation and oversight of the banking sector
d. government intervention in financial matters leads to capital flight
e. none of the above

C

Economics

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The economy is viewed as operating at full employment:

a. when there is no frictional unemployment. b. when there is no structural unemployment. c. when there is no seasonal unemployment. d. when there is no cyclical unemployment.

Economics

Basic research seeks to answer particular questions or to apply scientific discoveries to new product development

Indicate whether the statement is true or false

Economics