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Author Question: The adoption of capital controls makes A) everyone in the domestic economy better off. B) some ... (Read 54 times)

B

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The adoption of capital controls makes
 
  A) everyone in the domestic economy better off.
  B) some domestic residents better off and some worse off, although on average welfare increases.
  C) some domestic residents better off and some worse off, although on average welfare decreases.
  D) everyone in the domestic economy worse off.

Question 2

The decline in net worth that can result from an unanticipated decline in the price level is known as ________.
 
  A) a credit boom
  B) deleveraging
  C) a debt deflation
  D) federal funds rationing



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ashely1112

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Answer to Question 1

C

Answer to Question 2

C



B

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