IMF advice to countries such as Russia and Argentina that suffer from exchange rates crises often requires these countries to adopt
a. fixed exchange rates.
b. expansionary monetary policies.
c. contractionary monetary policies.
d. state ownership of industry.
c
Economics
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The MPC can be defined as the:
A. Change in consumption divided by the change in income B. Change in income divided by the change in consumption C. Ratio of income to saving D. Ratio of saving to consumption
Economics
When the value of a currency decreases relative to other currencies, we say that a currency experiences:
A. exchange-rate appreciation. B. exchange-rate depreciation. C. interest-rate appreciation. D. interest-rate depreciation.
Economics