The Mexican peso crisis of 1994 and 1995 was directly related to
A) the start of NAFTA.
B) a large capital account surplus.
C) a large capital account deficit.
D) an undervalued peso.
E) a large current account surplus.
B
Economics
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Suppose the required reserve ratio is 3 percent, and currency and reserves total $10 million. The maximum money supply that can be supported is:
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Discuss some of the reasons behind downward stickiness of wages and prices
Economics