The external shock that hit Mexico and other Latin American countries in the early 1980s that caused the Lost Decade was a collapse in world oil prices

Indicate whether the statement is true or false

FALSE

Economics

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If a country had a CPI of 105.0 last year and a CPI of 102.0 this year, then

A) the average prices of goods and services increased between last year and this year. B) the average prices of goods and services decreased between last year and this year. C) the average quality of goods and services decreased between last year and this year. D) there was an error when calculating the CPI this year. E) the quantity of consumer goods and services produced decreased between last year and this year.

Economics

Under the current Social Security system, married persons may draw benefits based on

a. only their own earnings. b. their own earnings or draw 50 percent of the benefits earned by their spouse. c. their own earnings plus 50 percent of their spouse's earnings. d. their own earnings plus 100 percent of their spouse's earnings.

Economics