There are debt relief programs currently available for highly indebted poor countries
Indicate whether the statement is true or false
TRUE
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In the foreign exchange market, the quantity U.S. dollars supplied is a function of:
A) the amount of imports and the level of capital outflows. B) the amount of exports and the level of capital outflows. C) the amount of exports and the level of capital inflows. D) none of the above.
To say that there is a scarcity of gold means that:
a. gold prices will fall in the future. b. there is not enough gold to satisfy people's demand for it at a zero price. c. there are very few substitutes for gold. d. gold is very expensive. e. the demand for gold is changing.
In their 1994 book, The Bell Curve, Murray and Herrnstein presented evidence that IQ is an important determinant of economic success
a. True b. False Indicate whether the statement is true or false
Nine of the top 10 exporting countries are countries with ________.
A) cheap labor B) small land masses C) dependence primarily on raw material exports D) developed economies