« previous next »

Author Question: Nicaragua in the early 2000s set its exchange rate with the U.S. dollar to decrease monthly by 1. ... (Read 62 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
Nicaragua in the early 2000s set its exchange rate with the U.S. dollar to decrease monthly by 1. This is an example of
 
  A) a crawling peg.
  B) bad currency management.
  C) a parity band.
  D) a currency board.

Question 2

Suppose that a developing country devotes extensive resources towards improving the education and skill level of the labor force.
 
  How might this help the country avoid a coordination failure? Is this strategy likely to be successful? Why or why not?


blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

See page 166 for an answer to the first part. The answer to the second part is more open ended and will depend on lecture coverage.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Early Goldenrod Early Goldenrod
The cranium of early African H. erectus KNM-ER 3733 is nearly 1.8 million years old. The cranium of early African H. erectus KNM-ER 3733 is nearly 1.8 million years old.
Guo Xi, Early Spring. Guo Xi, Early Spring.
Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ... Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ...
Fertility, Mortality, and the Net Rate of Reproduction in Sweden Fertility, Mortality, and the Net Rate of Reproduction in Sweden
The early stages of transcription in prokaryotes The early stages of transcription in prokaryotes
Video: Introduction to Heart Attacks

For a complete list of videos, visit our video library