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Author Question: A situation where a government runs out of cash and is unable to make minimum payments on its debt ... (Read 35 times)

elizabeth18

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  • Posts: 559
on: Sep 3, 2018
A situation where a government runs out of cash and is unable to make minimum payments on its debt is known as a(n)
 
  A) hyperinflated economy.
  B) liquidity crisis.
  C) resource curse.
  D) strategic default.
  E) trade war.

Question 2

World War I and II are examples of
 
  A) civil war.
  B) extra-systemic war.
  C) general war.
  D) limited war.
  E) terrorist conflict.


meltdown117

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Reply #1 on: Sep 3, 2018
Answer to Question 1

B

Answer to Question 2

C


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