Which of the following is a true statement?
a. The LDC classification is of the questionable accuracy.
b. GDP per capita ignores the degree of income distribution.
c. GDP per capita is affected by exchange rate changes.
d. GDP per capita does not account for the difference in the cost of living among nations.
e. All of these are true.
e
Economics
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What will be an ideal response?
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A lending of a country's savings that occurs when the country has a trade deficit and its citizens purchase real and financial assets from abroad is called a capital inflow
Indicate whether the statement is true or false
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