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Author Question: In order to accumulate the resources that they needed to make interest payments, Latin American ... (Read 79 times)

clmills979

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on: Jun 30, 2018
In order to accumulate the resources that they needed to make interest payments, Latin American countries were forced to used macroeconomic policies that
 
  A) devalued their currencies and caused deep recessions.
  B) revalued their currencies and caused increased inflation.
  C) devalued their currencies and caused increased inflation.
  D) revalued their currencies and caused deep recessions.

Question 2

Total debt is more important in figuring out the ability of a country to service its debt than are debt to GDP and debt to export ratios.
 
  Indicate whether the statement is true or false


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blakeserpa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


clmills979

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

cassie_ragen

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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