Which of the Following Did NOT Play a Role in the Economic

question 67

Multiple Choice

Which of the following did NOT play a role in the economic crisis that swept Southeast Asia in the late 1990s?

• A) crony capitalism
• B) the deregulation of the financial sector
• C) poor investment decisions by banks
• D) the lack of foreign funds flowing into the region

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Definitions:

Exports

Goods and services that are produced domestically and sold abroad

Aggregate Demand

The entire need for goods and services within an economy's market, assessed at a certain price level throughout a specific time span.

Wealth Effect

The change in spending that accompanies a change in perceived wealth, usually through market price changes of assets like homes or investments.

Aggregate Demand

The complete summon for goods and services in an economy, quantified at a particular level of overall price throughout a definite period.