Author Question: Foreign investment can give a low-income country A) no hope to break the vicious cycle of ... (Read 80 times)

ETearle · **on:** Jun 29, 2018

Foreign investment can give a low-income country

A) no hope to break the vicious cycle of poverty.
B) a path to dependency and low growth.
C) access to funds for investment and access to technology.
D) the means to slow down growth.

Question 2

An increase in the expected inflation rate will

A) shift the short-run Phillips curve to the right. B) reduce the inflation rate.
C) shift the short-run Phillips curve to the left. D) reduce the unemployment rate.