This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Compare and contrast the financial crises in Mexico in 1994 and in Asia in 1997. What will be an ... (Read 87 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
on: Jun 29, 2018
Compare and contrast the financial crises in Mexico in 1994 and in Asia in 1997.
 
  What will be an ideal response?

Question 2

Which of the following events could result in the consumption function shifting from CF0 to CF1?
 
  A) a decrease in wealth
  B) an increase in expected future income
  C) a decrease in disposable income
  D) an increase in disposable income
  E) an increase in the real interest rate


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Benayers

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

In both cases large amounts of foreign investment poured into the countries. The Mexican crisis was precipitated by political events that caused concern among foreign investors and led them to pull funds out. Mexico was forced to devalue the peso, which exacerbated the crisis. In Asia, investors became pessimistic as some of their investments lost money and the withdrawal of funds devalued currencies throughout the region. Thus in both cases the large movements of global capital market funds were part of the story of the crisis.

Answer to Question 2

B


stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jun 29, 2018
:D TYSM

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

The tiger, Panthera tigris, was historically found throughout much of Asia, but at low population de The tiger, Panthera tigris, was historically found throughout much of Asia, but at low population de
Enhancement of Contrast Enhancement of Contrast
A photograph of Commodore Matthew Perry in 1855 juxtaposed with a Japanese portrait of him. When Per A photograph of Commodore Matthew Perry in 1855 juxtaposed with a Japanese portrait of him. When Per
Midway Island, an inhospitable atoll acquired in 1867, was valuable as a military base located midwa Midway Island, an inhospitable atoll acquired in 1867, was valuable as a military base located midwa
Ana Mendieta, Untitled, 1976. From Silueta Works in Mexico. Ana Mendieta, Untitled, 1976. From Silueta Works in Mexico.
Social Development in Central Asia Social Development in Central Asia
Video: What Are Carbohydrates? Importance of Carbs & High Carb Food

For a complete list of videos, visit our video library