Which of the Following Was LEAST Likely to Have Caused

question 14

Multiple Choice

Which of the following was LEAST likely to have caused the Mexican peso crisis of 1995?

• A) a shortage of foreign currency reserves at the Mexican central bank
• B) a weak economy
• C) an inflated value of the peso caused by pegged exchange rates
• D) short-term dollar borrowings by Mexican commercial banks and the government
• E) All of the above contributed to the crisis

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Definitions:

Selman's Stages

A theory proposing different stages of social understanding or perspective-taking ability that children develop through.

Perspective-Taking

The ability to understand a situation or concept from an alternative point of view, including others' thoughts and feelings.

Regulate

To control or maintain the rate or speed of a process or function, often ensuring proper function or compliance with standards.

Self-Esteem

An individual's subjective evaluation of their own worth.