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Author Question: The vicious circle of poverty makes it difficult for an LDC to: a. establish political ... (Read 48 times)

ARLKQ

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on: Jun 30, 2018
The vicious circle of poverty makes it difficult for an LDC to:
 a. establish political institutions. b. control inflation.
  c. save and invest. d. fix its exchange rate.

Question 2

Which of the following would cause a decrease (leftward shift) in the short-run aggregate supply curve (SRAS)?
 a. An increase in oil prices.
  b. An advance in technology.
 c. An increase in the CPI.
 d. An increase in the long-run aggregate supply curve (LRAS).


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Li Jun

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


ARLKQ

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Reply #2 on: Jun 30, 2018
Thank you :)


Li Jun

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Reply #3 on: Jun 30, 2018
Happy to help you


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