Author Question: Austerity measures are often enacted in countries that suffer from large balance of payments ... (Read 165 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
Austerity measures are often enacted in countries that suffer from large balance of payments deficits. Which of the following is NOT a negative consequence of austerity measures?
 
  a. Deficit reduction
  b. Decrease in government employment, thus increased unemployment
  c. Decreased support for education and healthcare
  d. Interest rate increases

Question 2

What was the result of the U.S. change away from a policy of dollar convertibility?
 
  a. States are forced to closely monitor their fiscal and monetary policies to avoid balance of payment deficits andinflation.
 b. Total debt levels decreased.
  c. Inflation increased throughout Global North countries.
  d. Currency exchanges to a system of floating exchange rates.



lorealeza

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

a

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

For a complete list of videos, visit our video library