Author Question: Austerity measures are often enacted in countries that suffer from large balance of payments ... (Read 175 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
Austerity measures are often enacted in countries that suffer from large balance of payments deficits. Which of the following is NOT a negative consequence of austerity measures?
 
  a. Deficit reduction
  b. Decrease in government employment, thus increased unemployment
  c. Decreased support for education and healthcare
  d. Interest rate increases

Question 2

What was the result of the U.S. change away from a policy of dollar convertibility?
 
  a. States are forced to closely monitor their fiscal and monetary policies to avoid balance of payment deficits andinflation.
 b. Total debt levels decreased.
  c. Inflation increased throughout Global North countries.
  d. Currency exchanges to a system of floating exchange rates.



lorealeza

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

a

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Your heart beats over 36 million times a year.

For a complete list of videos, visit our video library