[Answered] International data suggests that countries with different steady states will a. converge to the ...

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ARLKQ

Hero Member
Posts: 571

on: Jun 30, 2018

International data suggests that countries with different steady states will

a. converge to the same growth rates of output.
b. converge to the same per-capita output levels.
c. not converge.
d. converge to the same steady state in the long-run.

Question 2

The nominal money supply fell faster in 192932 than did prices.

Indicate whether the statement is true or false

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Marked as best answer by a Subject Expert

phuda

Sr. Member
Posts: 348

Reply #1 on: Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

False

ARLKQ

Hero Member
Posts: 571

Reply #2 on: Jun 30, 2018

Thank you

phuda

Sr. Member
Posts: 348

Reply #3 on: Jun 30, 2018

Happy to help you

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