High wage countries like the United States tend to use less labor-intensive production methods than low wage countries like Mexico

Economists believe that the CPI overstates actual price changes by as much as ________ to ________ percent each year

A) 2; 3 B) 1; 2 C) 0.5; 1 D) 0.5; 1.5

The primary function of the International Monetary Fund is

A) to provide loans only to private firms in developing countries. B) to make direct, irrevocable transfers of funds from wealthy nations to poor nations. C) to lend solely on the basis of a nation's relative poverty. D) to make loans aimed at promoting global stability and hence growth.