题目内容

The IS and LM schedules intersect at a point on the BP schedule, which implies:

A) Increase in the money supply
B. Decrease in government expenditures
C. Increase in business and household taxes
Decrease in import tariffs

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When capital is perfectly mobile, the BP schedule is:

A. a horizontal line
B. a vertical line
C. an upward-sloping line
D. an downward-sloping line

The BP schedule is an upward-sloping line, because higher levels of income worsen the current account:

A. improve
B. worsen
C. improve or worsen
D. none

The global crisis which began in 2007, is partly the result of overlending and overborrowing.

Improvements in bank supervision and regulation in developing countries can be expected to reduce the frequency of financial crises.