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.
Russo-European Laika
Injectable Drugs Commonly Stocked in the Medical Office
Drugs Commonly Prescribed According to Classification
Commonly Used Pharmacology Abbreviations
France has produced most of its energy from nuclear power since the oil crisis of the 1970s
The bacterium Escherichia coli is commonly referred to as E. coli. Seen here with multiple flagella