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 46 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
Gracias!

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

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?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Mars Pathfinder rover on Mars, 1997 Mars Pathfinder rover on Mars, 1997
The War with Mexico, 1846–1848 The War with Mexico, 1846–1848
The responses of an on-center cell to contrast. The responses of an on-center cell to contrast.
Areas of the United States, Mexico, and Cuba will be affected by a rise of just 100 cm Areas of the United States, Mexico, and Cuba will be affected by a rise of just 100 cm
Gypsy moths native to Europe and Asia feed on oaks through much of the United States. Gypsy moths native to Europe and Asia feed on oaks through much of the United States.
Video: Bipolar Disorder

For a complete list of videos, visit our video library