Providing basic health care and education for poor countries is cost-prohibitive.
Answer the following statement true (T) or false (F)
False
The amount of money needed to meet the basic needs of poor nations is surprisingly modest. The challenge for poor nations is to get the necessary resources applied to their basic needs.
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A "dirty float" is a system
A. Based on the gold standard. B. Of managed exchange rates. C. Of free-floating exchange rates. D. Of fixed exchange rates.
Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. lower; higher D. higher; potential
Which of the following countries had the lowest level of output per capita in 2014?
A) Spain B) France C) Italy D) German
For developing countries, one of the dangers inherent in the inflows of capital that finance investment is
A. increasing unemployment that accompanies foreign investment. B. rapid outflows of funds that put pressure on exchange rates. C. the deflation that accompanies inflows of foreign capital. D. the inflation that accompanies outflows of foreign capital.