A rise in the CPI from 120 to 180 represents a _____ percent increase in the price level.
Fill in the blank(s) with the appropriate word(s).
50
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Human capital ________ as you work. As a result, the ________ of goods and services ________
A) does not change; quality; does not change. B) decreases; quantity; decreases. C) improves; quality; does not change. D) declines; quality; increases. E) increases; quantity; increases.
Explain why the LDCs are unable to invest much in capital goods and human capital
Exports as a percentage of global GDPs have declined since 1980
Indicate whether the statement is true or false
Suppose a country has a current account surplus and that there is no intervention by finance ministries or central banks. This current account surplus indicates that the country has
A. a surplus in its financial account. B. the official reserve transactions balance is positive. C. the official reserve transactions balance is negative. D. a deficit in its financial account.