Financial crises generally develop along two basic paths
A) mismanagement of financial liberalization/globalization and severe fiscal imbalances.
B) stock market declines and severe fiscal imbalances.
C) mismanagement of financial liberalization/globalization and stock market declines.
D) stock market declines and unanticipated declines in the value of the domestic currency.
A
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All else equal, as the price of oil rises, potential profits from producing oil ________ which ________ oil companies to look for additional sources of oil
A) increase; encourages B) increase; discourages C) decrease; encourages D) decrease; discourages
The MFC curve
A) lies below the labor supply curve, when the labor supply curve is upward sloping. B) lies above the labor supply curve, when the labor supply curve is upward sloping. C) is the labor supply curve. D) is parallel to the labor supply curve, when the labor supply curve is downward sloping.