The process of a government intervening to maintain the value of their exchange rate after shock to their economy is known as
A) sterilization.
B) preventative therapy.
C) beggar-thy-neighbor policies.
D) the liquidity effect.
Question 2
The linear stages theory of economic growth fails to recognize that increased investment is
a. both a necessary and a sufficient condition.
b. a necessary but not a sufficient condition.
c. a sufficient but not a necessary condition.
d. neither a necessary nor a sufficient condition.