Author Question: All of the following are possible outcomes of a financial crisis EXCEPT A) bank failings and ... (Read 21 times)

sc00by25 · **on:** Jun 30, 2018

All of the following are possible outcomes of a financial crisis EXCEPT

A) bank failings and disintermediation.
B) a recession.
C) an increase in domestic consumption.
D) depreciation or devaluation of a currency.

Question 2

If the case study on U.S. / China trade is correct in its analysis of factor abundance,

A) Chinese capital owners should see their income rise as trade increases.
B) U.S. skilled labor inputs should see their incomes fall as trade increases.
C) U.S. capital owners should see their income fall as trade increases.
D) Chinese unskilled labor should see their income rise as trade increases.

fraziera112 · **Reply #1 on:** Jun 30, 2018

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