The substitution effect that occurs when interest rates change involves a change in consumption that develops from ________

A) a change in the general level of prices
B) a period of increasing productivity
C) a change in the level of income
D) a change in the relative prices of consumption in the two periods

D

Economics

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Under the Bretton Woods Agreement, the goal of the IMF was to

A) finance international transactions in gold. B) lend to countries experiencing balance of payment deficits. C) help less developed countries advertise their goods in the developed countries. D) provide oversight to the functioning of central banks in the member countries.

Economics

How can embracing globalization by governments in DVC promote economic growth?

What will be an ideal response?

Economics