Author Question: Empirical evidence from 1960 to 2011 shows that convergence in economic growth is occurring in which ... (Read 108 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
Empirical evidence from 1960 to 2011 shows that convergence in economic growth is occurring in which of the following cases?
 
  A) Low-income developing countries are catching up to high-income industrial countries.
  B) Low-income industrial countries are catching up to high-income industrial countries.
  C) Low-income industrial countries are catching up to high-income developing countries.
  D) All low-income countries are catching up to all high-income countries.

Question 2

A decrease in investment causes the price level to ________ in the short run and ________ in the long run.
 
  A) decrease; decrease further B) increase; decrease
  C) increase; increase further D) decrease; increase



makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

For a complete list of videos, visit our video library