The most commonly accepted cause of the European Crisis is:
a. Fiscal profligacy
b. Too little welfare spending
c. Unemployment
d. Current account deficit
Question 2
Assume that the expectation of declining housing prices cause households to reduce their demand for new houses and the financing that accompanies it. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the GDP Price Index and net nonreserve-related international borrowing/lending in the context of the Three-Sector-Model?
a. The GDP Price Index falls, and net nonreserve-related international borrowing/lending becomes more negative (or less positive).
b. The GDP Price Index rises, and net nonreserve-related international borrowing/lending becomes more negative (or less positive).
c. The GDP Price Index falls, and net nonreserve-related international borrowing/lending becomes more positive (or less negative).
d. The GDP Price Index and net nonreserve-related international borrowing/lending remain the same.
e. There is not enough information to determine what happens to these two macroeconomic variables.
The salt marsh grass Spartina anglica originated on the coast of England as a hybrid of European and
Inheritance of hemophilia in European royalty
Inheritance of hemophilia in European royalty
European wildcat feeding its kittens, as illustrated in Brehm's Life of Animals
European Claims in North America after British Victory, 1763
The most commonly used socket drive sizes include 1/4, 3/8, and 1/2 inch drives.