The overall effect of accounting for purchases of foreign goods in GDP reduces GDP
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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A fall in the level of prices
A) does not affect the value of money. B) has an uncertain effect on the value of money. C) increases the value of money. D) reduces the value of money.
Economics
Political instability is an impediment to development mainly because it:
A. undermines both domestic and foreign investment in a developing country. B. creates cultural and social differences among groups in developing countries. C. produces excessive levels of domestic saving. D. redistributes income.
Economics