Common with asian financial crisis

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Reference no: EM131244587

1. One thing that the Brazilian financial crisis had in common with the Asian financial crisis is that

A. The currencies of these countries were pegged to the U.S. dollar

B. These countries acquired massive debt that were denominated in foreign currencies

C. These countries used the U.S. dollar as their national currencies even though they had inflation levels that were much higher than that of the United States

D. A and B

E. A and C

2. On Black Monday, October 28, 1929, the Dow fell by a record:

A. 381 points or 13%

B. 381 points or 60%

C. 38 points or 13%

D. 38 points or 22.6%

3. Which law, up until the 1980s, placed a ceiling on the interest rates that S&Ls could pay on customer deposits?

A. Securities Act, 1933

B. Regulation Q

C. Securities and Exchange Act, 1934

Reference no: EM131244587

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