The Deep Recessions Experienced in Many Fast-Growing East Asian Economies

question 21

Multiple Choice

The deep recessions experienced in many fast-growing East Asian economies in 1997-98

• A) were unexpected by virtually all economists who had been studying the "Asian miracle."
• B) produced a significant shortage in overall global capacity.
• C) led to a continuing and deepening condition of economic stagnation over the entire region.
• D) demonstrated that it is extremely unlikely that sustained economic growth can be accomplished in developing countries.
• E) were a direct result of the Asian financial crisis.

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Definitions:

Insertion

The act of placing or inserting an object or material into something else, often used in medical contexts, like the insertion of a needle or catheter into the body.

NG Tube

A nasogastric tube, a medical device used to deliver food and medicine directly to the stomach through the nose.

Secure

To make something free from threat or risk; often refers to procedures or measures taken to ensure safety and protection.

Nasogastric Tube

A flexible tube inserted through the nose into the stomach, used for feeding or removing stomach contents.