In addition to China's recent growth, the economic crisis in the U.S. and Europe beginning in 2008 further undermined the influence of
a. transnational advocacy networks.
b. the Washington consensus.
c. the poverty line.
d. late, late developers.
b. the Washington consensus.
Economics
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According to the rational expectations theory, people's predictions about the future course of governmental economic policy influence the position of the short-run aggregate supply curve
a. True b. False Indicate whether the statement is true or false
Economics
When the economy is experiencing high inflation and high unemployment at the same time, then it is experiencing:
a. stagnation. b. deflation. c. reflation. d. stagflation. e. innation.
Economics