Why Do Global Financial Crises Affect Development in the Developing

question 9

Multiple Choice

Why do global financial crises affect development in the developing world so severely?

• A) They usually cause a collapse in export-based economies.
• B) They usually mean that too much foreign investment flows into the developing world.
• C) They don't usually affect the developing world that much because of their removal from global finance.

Recognize the role and functions of the Bureau of Labor Statistics in relation to CPI.

Categorize the various methods and indices used to measure inflation.

Analyze the factors affecting consumer spending patterns as indicated by the CPI.

Differentiate between the CPI and GDP deflator as measures of inflation.

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