Abraham is a social worker at Cordia County Social Services….

Abraham is a social worker at Cordia County Social Services. He notices that some of his clients find it difficult to get to their physical therapy clinic due to transportation issues. Abraham petitions before the local county board, on behalf of the agency, to purchase a van for the county residents with physical disabilities. This scenario is an example of a _____ intervention.

Consider a market for Thailand’s currency (baht), which is i…

Consider a market for Thailand’s currency (baht), which is initially in an equilibrium. Then, assume that foreign investors lose confidence in Thai economy and dump-sell their baht-denominated assets in Thailand. This will cause a ____________ of Thai baht at the initial level of exchange rate. If Thailand’s central bank wants to peg the exchange rate at its initial level, they will have to __________ baht and __________ dollar.