Education achievements ________
A) are a sufficient condition for economic development to occur
B) are a guarantee of making a poor country wealthy
C) cannot raise human capital
D) are both rival and nonrival in character
D
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Which of the following is NOT one of the four main arguments in favor of import-substituting industrialization (ISI)?
A. The argument of using cheap and convenient market information B. The infant industry argument C. The argument of using skilled labor D. The developing government argument
Easy monetary policy reduces the real interest rate, which ________ the demand for dollars, ________ the supply of dollars, and ________ the equilibrium value of the dollar.
A. decreases; increases; decreases B. increases; increases; increases C. increases; decreases; increases D. decreases; decreases; decreases