There are debt relief programs currently available for highly indebted poor countries

Indicate whether the statement is true or false

TRUE

Economics

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The net effect of a devaluation on economic growth depends on the mix of capital and labor utilized in the nation's export industries

Indicate whether the statement is true or false

Economics

In calculating the nation’s total output, net exports do not

A. represent exports of goods and services minus imports of goods and services. B. have been a negative number in the last several years. C. would include purchases of U.S.-made automobiles by foreigners minus purchase of foreign-made automobiles by U.S. residents. D. have been positive since global trade as expanded.

Economics