Author Question: Refer to Figure 22-5. Based on the catch-up line drawn above, poorer countries are more likely to be ... (Read 61 times)

nelaaney · **on:** Jun 29, 2018

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 · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

A

nelaaney · **Reply #2 on:** Jun 29, 2018

Thank you

Shshxj · **Reply #3 on:** Jun 29, 2018

No problemo

Author Question: Refer to Figure 22-5. Based on the catch-up line drawn above, poorer countries are more likely to be ... (Read 61 times)

nelaaney

Refer to Figure 22-5. Based on the catch-up line drawn above, poorer countries are more likely to be ...

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Shshxj

Refer to Figure 22-5. Based on the catch-up line drawn above, poorer countries are more likely to be ...

nelaaney

Refer to Figure 22-5. Based on the catch-up line drawn above, poorer countries are more likely to be ...

Shshxj

Refer to Figure 22-5. Based on the catch-up line drawn above, poorer countries are more likely to be ...