Question

\during the 2007 - 2010 financial crisis, the united states furnished billions of dollars to selected countries central banks via mechanisms called swap lines. aditi sahasrabuddhe found that countries policy environments seem to have been ____ swap line decisions: the probability that banks would be granted swap lines was 0.20 in countries open to foreign - capital inflows and 0.03 in countries with policies restricting such inflows. which choice completes the text with the most logical and precise word or phrase? a) predicated on b) decoupled from c) material to d) mediated by \

Explanation:

The text is about a probability related to banks and swap lines during a financial crisis. The phrase "predicated on" means based on. In the context, the probability that banks would be granted swap lines is based on (predicated on) certain factors like countries' openness to foreign - capital inflows and policies restricting inflows.

Answer:

A. predicated on