Author Question: The XX schedule shows how much A) fiscal expansion is needed to hold the current account surplus ... (Read 32 times)

futuristic

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The XX schedule shows how much
 
  A) fiscal expansion is needed to hold the current account surplus at X as the currency is devalued by a given amount.
  B) monetary expansion is needed to hold the current account surplus at X as the currency is devalued by a given amount.
  C) fiscal expansion is needed to hold the current account surplus at X as the currency is evaluated by a given amount.
  D) fiscal and monetary expansions are needed to hold the current account surplus at X as the currency is devalued by a given amount.
  E) foreign funding is needed to hold the current account surplus at X as the currency is devalued by a given amount.

Question 2

What is an appropriate definition for securitization?
 
  A) the repackaging of bank assets into readily marketable forms
  B) the promise of a secure return on deposits in FDIC-banks
  C) the simplification of interest-bearing assets into their simplest derivative form
  D) the unloading of derivative securities in response to a bank run
  E) the reinforcement of an asset's worth through official certification



heinisk01

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Answer to Question 1

A

Answer to Question 2

A



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