Based on the information in the table above, which product(s) is/ are inferior?

If the exchange rate changes from $1.45 = 1 euro to $1.37 = 1 euro, then

A) both the euro and dollar have appreciated. B) the euro has appreciated and the dollar has depreciated. C) the euro has depreciated and the dollar has appreciated. D) both the euro and dollar have depreciated.

According to UN projections, what proportion of the world's urban population will reside in the urban areas of developing countries by 2025?

(a) two fifths. (b) one half. (c) two thirds. (d) four fifths.