Large family size by itself creates very little new poverty

The average of the bilateral rate changes for a nation, weighted by the importance of the trading partner, is know as

A) the real exchange rate B) the nominal exchange rate C) the effective exchange rate D) the direct exchange rate

Economies of scale are created by greater efficiency of capital and by

A) longer chains of command in management. B) better wages for labor. C) smaller plant sizes. D) increased specialization of labor.