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Mashcka [7]
3 years ago
9

The East Asian financial crisis of the 1990s: Showed how trade partners are unreliable Made countries stop investing in China si

nce India was experiencing an economic boom and was opening up. Forced countries in the region to import more and export less. Was not caused by financial contagion Was associated with moral hazard and fixed exchange rates
Business
1 answer:
FromTheMoon [43]3 years ago
7 0

Answer:

The East Asian Financial Crisis of the 1990s:

Was associated with moral hazard and fixed exchange rates.

Explanation:

The countries which suffered adverse distress from the financial crisis were Indonesia, South Korea, and Thailand.  The financial meltdown followed the collapse of the hot money bubble, whereby high interest rates and fixed foreign exchange rates were pegged to the U.S. dollars by these mostly exporting countries.  The practice largely favored these Asian exporters until the bubble burst, starting from July of 1997.  And the consequences and lessons now remain Economics and History topics.

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Harlamova29_29 [7]

Answer:

a and c

Explanation:

8 0
2 years ago
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Briefly discuss the difference between these two concepts. A. Perfect competition results in productive efficiency but not neces
Butoxors [25]

Question:

Allocative efficiency is an economic concept that occurs when the output of production is as close as possible to the marginal cost. In this case, the price the consumers are willing to pay is almost equal to the marginal utility they derive from the good or the service.

Productive efficiency is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost. To be productively efficient means the economy must be producing on its production possibility frontier.

Required

Briefly discuss the difference between these two concepts.

A) Perfect competition results in productive efficiency but not necessarily allocative efficiency.

B) Productive efficiency pertains to production within an industry while allocative efficiency pertains to production across all industries.

C) Productive efficiency results in zero economic profits but allocative efficiency does not.

D) Perfect competition results in allocative efficiency but not necessarily productive efficiency.

E) Economic surplus is maximised with productive efficiency but not necessarily with allocative efficiency.

Answer:                      

The correct answer is  E    

Explanation:

Economic efficiency refers to a situation where all goods and factors of production in an economy are distributed or allocated to their most valuable use with little or no waste.

Economic efficiency is maximized when price (P) from selling the product is equal to marginal cost (MC) of producing it:

P = MC

When price (P) is equal to marginal revenue (MR), both profit and efficiency are maximized.

Caption:

Max Profit = Max Efficiency

When P = MR = MC

Whether price is equal to marginal revenue or not depends on how pricing is done.

Cheers!

5 0
3 years ago
Oliver's Company (OC) produces batches of chicken and beef organic dog food. Each time OC switches production from chicken to be
Vlad1618 [11]

Answer:

$3,600

Explanation:

Calculation to determine what amount of set-up costs should be allocated to the chicken dog food

Using this formula

Set-up costs = Cost per each set up * Totals ups

Let plug in the formula

Set-up costs=$20 * 180

Set-up costs=$3,600

Therefore the amount of set-up costs that should be allocated to the chicken dog food is $3,600

6 0
2 years ago
Select the incorrect statement regarding the cash budget. Multiple Choice Cash inflows and outflows indicated on the cash budget
babunello [35]

Answer:

The incorrect statement regarding the cash budget is :

The total cash available is calculated by adding cash receipts and the ending cash balance.

Explanation:

The Cash available is calculated by <em>adding</em> the Cash Receipts to the Opening Cash Balance <u>instead of</u> the Ending Cash Balance.

The Cash that is available would then be used to meet cash expenditures for the anticipated period.

6 0
3 years ago
Why do some people consider mutual funds a more convenient investment than stocks or bonds?
MAXImum [283]
I think because in a mutual they both gain and invest but on their own its too much
4 0
3 years ago
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