This topic contains a solution. Click here to go to the answer

Author Question: In order to accumulate the resources that they needed to make interest payments, Latin American ... (Read 76 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
In order to accumulate the resources that they needed to make interest payments, Latin American countries were forced to used macroeconomic policies that
 
  A) devalued their currencies and caused deep recessions.
  B) revalued their currencies and caused increased inflation.
  C) devalued their currencies and caused increased inflation.
  D) revalued their currencies and caused deep recessions.

Question 2

Total debt is more important in figuring out the ability of a country to service its debt than are debt to GDP and debt to export ratios.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakeserpa

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

A

Answer to Question 2

FALSE




clmills979

  • Member
  • Posts: 551
Reply 2 on: Jun 30, 2018
:D TYSM


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

For a complete list of videos, visit our video library