The Asian financial crisis
a. increased world commodity prices, which helped American economic growth but increased inflationary pressures.
b. increased world commodity prices, which negatively affected poor populations in Africa and Latin America.
c. brought about the first prolonged negative growth in Asian economies in the post-WWII period.
d. dropped the prices of manufactured goods produced by Asian economies, which helped growth in Western economies.
e. depressed world commodity prices, which helped the American economy grow without inflationary pressures.
Question 2
Certain economic sectors have a tendency to deviate more than others from market principles, especially sectors pertaining to agriculture, intellectual property, services, and military goods.
Indicate whether the statement is true or false.
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Economic practice question
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
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