The emerging market economies are A) the nations with the ...

[mp14]

The emerging market economies are
 
  A) the nations with the highest standards of living.
  B) most of the nations of Western Europe.
  C) in transition from state-owned production to free markets.
  D) the largest grouping including the nations of China and India.
  E) the nations that are currently agricultural in nature.

Question 2

Consider an economy that is greatly dependent on the U.S. economy for consumer goods and durables. Inflation will increase in the economy if:
 
  A) the dollar appreciates vis--vis its own currency.
  B) the U.S. goes into a recession.
  C) the dollar depreciates vis--vis its own currency.
  D) the country adopts dollar as its official currency.

[lucas dlamini]

Answer to Question 1

C

Answer to Question 2

A