Author Question: A country with a high GDP per capita can be classified as an industrially advanced country (IAC) ... (Read 76 times)

Ebrown

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A country with a high GDP per capita can be classified as an industrially advanced country (IAC) regardless of its industrial development.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The long-run aggregate supply curve (LRAS) corresponds to full-employment real GDP with zero frictional and structural unemployment.
 a. True
  b. False
  Indicate whether the statement is true or false



soda0602

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Answer to Question 1

False

Answer to Question 2

False



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