Poor countries grow faster than rich countries because of rapid ...

[lidoalex]

Poor countries grow faster than rich countries because of rapid growth in the labor force.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An increase in the interest rates will
 a. cause people to hold less money, which, in turn, means that the velocity of money increases.
  b. cause people to hold less money, which, in turn, means that the velocity of money decreases.
  c. cause people to hold more money, which, in turn, means that the velocity of money increases.
  d. cause people to hold more money, which, in turn, means that the velocity of money decreases.

[chjcharjto14]

Answer to Question 1

False

Answer to Question 2

a

[lidoalex]

Thanks for the timely response, appreciate it

[alvinum]

Great answer, keep it coming