Author Question: Neoclassical growth theory predicts that China's economic growth rate will ________. A) decrease ... (Read 141 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
Neoclassical growth theory predicts that China's economic growth rate will ________.
 
  A) decrease when the interest rate increases
  B) continue at around 10 percent a year
  C) always remain above the U.S. economic growth rate
  D) eventually converge to the U.S. economic growth rate

Question 2

If the CPI at the end of last year was 100 and the CPI at the end of this year was 115, the inflation rate was
 
  A) 1.5 percent.
  B) 15 percent.
  C) 100 percent.
  D) 115 percent.



GCabra

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

For a complete list of videos, visit our video library