It has been noted that a country that grants a considerable amount of economic freedom will experience
A) positive rates of per capita income growth. B) low levels of political freedom.
C) dead capital. D) negative rates of per capita income growth.
Question 2
If people expect the Fed to adopt a(n) ________ for several years, the long-run real interest rate will remain ________.
A) contractionary fiscal policy; high B) expansionary fiscal policy; low
C) expansionary monetary policy; low D) contractionary monetary policy; low