We have drawn the SAS and SP curves as straight lines for convenience. More realistically, rising output ________ the structural unemployment problem and the effect of this on wages causes those curves to ________ in slope

Consider the following hypothetical data for a developing country:

Year Total Debt ($ bn) Debt/Export (%) GDP Growth Inv. Growth 1 6 134 0.6% –1.0% 2 6.5 147 2.9% 1.1% 3 7 159 5.1% 1.6% 4 7.5 174 6.4% 2.4% 5 8 198 1.1% –0.6% Does this country have a debt crisis? What additional pieces of quantitative or qualitative evidence (if any) would help you to decide?

If a country adopts another country's currency, it is called

A) dollarization. B) a crawling peg. C) a dirty float. D) monetary order.