Exam 11: Economic Development

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A country-s per capita real income is equal to the product of a nation-s population multiplied by the country-s aggregate, inflation-adjusted income.

(True/False)
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About __________ borrowers in developing nations receive a total volume of microlending estimated at about _________.

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Economists measure economic growth as the percentage change in a nation-s per capita real income.

(True/False)
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The Paris Club is an informal international organization of private creditors first established in 1976 to address repayment problems experienced by Zaire.

(True/False)
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