« previous next »

Author Question: Nicaragua in the early 2000s set its exchange rate with the U.S. dollar to decrease monthly by 1. ... (Read 59 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
Nicaragua in the early 2000s set its exchange rate with the U.S. dollar to decrease monthly by 1. This is an example of
 
  A) a crawling peg.
  B) bad currency management.
  C) a parity band.
  D) a currency board.

Question 2

Suppose that a developing country devotes extensive resources towards improving the education and skill level of the labor force.
 
  How might this help the country avoid a coordination failure? Is this strategy likely to be successful? Why or why not?


blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

See page 166 for an answer to the first part. The answer to the second part is more open ended and will depend on lecture coverage.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
Early-maturing boys tend to be advantaged because they often fit cultural ideals of masculinity. Early-maturing boys tend to be advantaged because they often fit cultural ideals of masculinity.
Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ... Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ...
A model for RecA-mediated strand exchange A model for RecA-mediated strand exchange
"early adulthood" VS."middle adulthood" "early adulthood" VS."middle adulthood"
Early growth of the common bean (Phaseolus vulgaris), a typical eudicot. Early growth of the common bean (Phaseolus vulgaris), a typical eudicot.
Video: Acid-base imbalances - metabolic acidosis and alkalosis

For a complete list of videos, visit our video library