Refer to the Article Summary. According to the summary, the Chinese economy is trying to move away from an export based economy, while at the same time imports have declined. This decrease in exports and decrease in imports will
A) decrease net exports if the decline in exports is greater than the decline in imports.
B) increase net exports if the decline in exports is greater than the decline in imports.
C) definitely increase net exports.
D) definitely decrease net exports.
Question 2
The CPI in 2010 was 218, while the CPI in 1980 was 82. If you had 5,000 in 1980, its equivalent purchasing power in 2008 would be 10,850.
Indicate whether the statement is true or false
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