Author Question: The Washington Consensus argued that transition should begin with a. The creation of macroeconomic ... (Read 67 times)

jerry coleman · **on:** Jun 30, 2018

The Washington Consensus argued that transition should begin with
a. The creation of macroeconomic stability
b. A free floating exchange rate
c. De-privatization
d. All of the above
e. None of the above

Question 2

Which of the following does not increase (i.e., shift) the supply curve of real loanable funds?
a. Open market purchases of government securities by the central bank.
b. A decrease in the discount rate.
c. An increase in the reserve ratio by the central bank.
d. A reduction in the preferred asset ratio for currency in circulation (C/D), due to a shift in household preferences.
e. All of the above increase the supply.