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emilyhoffman emilyhoffman
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6 years ago
The absolute value of the slope of the production possibilities frontier at the production point provides a measure of both the relative price of S in terms of T and the opportunity cost of producing one more units of S calculated in terms of output
 
  of T foregone. Indicate whether the statement is true or false


Question 2 - Which of the following was NOT a cause or a characteristic of the 1994/95 Mexican peso crisis?
 
  A) An overvalued exchange rate
  B) An inflow of large foreign portfolio capital
  C) The inability of the IMF, the world bank, and the NAFTA member countries (i.e., the United States and Canada) to predict the looming financial crisis
  D) Shifts by the world capital markets toward more conservative and risk-averse investments because of interest and exchange rate movements around the world
  E) High domestic investments with insufficient domestic savings
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amyarango11amyarango11
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6 years ago
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emilyhoffman Author
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#2
6 years ago
Words can't even express my thanks
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#3
6 years ago
Pleasure
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