Malaysia differed from other East Asian countries after the crisis in its adoption of
a. government-owned banks
b. investment insurance
c. prison sentences for currency traders
d. restrictions on capital movements
e. all of the above
D
Economics
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Refer to the scenario above. If the curator values the painting at $45,000, which of the following problems is likely to arise?
A) Adverse selection B) Free-rider problem C) The paradox of thrift D) The tragedy of the commons
Economics
According to aggregate demand and supply analysis, the rising oil prices coupled with the global financial crisis in 2007-2008 caused the unemployment rate to ________ and the level of real aggregate output to ________
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease
Economics