Refer to Figure 22-5. Based on the catch-up line drawn above, ...

[nelaaney]

Refer to Figure 22-5. Based on the catch-up line drawn above, poorer countries are more likely to be at a point like ________, where growth in GDP is relatively ________, while richer countries are more likely to be at a point like ________, w
 
  growth in GDP is relatively ________.
  A) B; high; A; low B) B; low; A; high C) A; high; B; low D) A; low; B; high

Question 2

The demand for loanable funds has a ________ slope because the lower the interest rate, the ________ number of investment projects are profitable, and the ________ the quantity of loanable funds demanded.
 
  A) negative; greater; greater B) negative; lesser; greater
  C) negative; greater; lesser D) positive; lesser; lesser

[Shshxj]

Answer to Question 1

C

Answer to Question 2

A

[nelaaney]

Thank you

[Shshxj]

No problemo