The fact that industrialized countries levy very low or no tariff on raw materials and semi processed goods

A) helps developing countries export manufactured products.
B) has no effect on developing country exports.
C) hurts developing country efforts to export manufactured goods.
D) hurts developing country efforts to export raw materials.
E) does not affect industrialized countries' exports.

C

Economics

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A positive temporary supply side shock will:

A. increase the level of potential output in the long run. B. decrease the price level in the long run. C. increase the price level in the long run. D. have no effect in the long run.

Economics

Poverty rates among the elderly have risen in the past few decades.

Answer the following statement true (T) or false (F)

Economics