Empirical evidence from 1960 to 2011 shows that convergence in ...

[brutforce]

Empirical evidence from 1960 to 2011 shows that convergence in economic growth is occurring in which of the following cases?
 
  A) Low-income developing countries are catching up to high-income industrial countries.
  B) Low-income industrial countries are catching up to high-income industrial countries.
  C) Low-income industrial countries are catching up to high-income developing countries.
  D) All low-income countries are catching up to all high-income countries.

Question 2

A decrease in investment causes the price level to ________ in the short run and ________ in the long run.
 
  A) decrease; decrease further B) increase; decrease
  C) increase; increase further D) decrease; increase

[makaylafy]

Answer to Question 1

B

Answer to Question 2

A