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
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