Which of the following statements is true? Group of answer choices Small devaluations are usually sufficient to stem capital flight. The fundamental soundness of macroeconomic policies throughout East Asia facilitated a swift recovery from the 1997/1998 crisis. Deficits financed by borrowed money lead to inflation, and in a fixed or crawling peg exchange rate system, this leads to the real exchange rate being undervalued. Tax systems in developing countries tend to be efficient and reliable