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Author Question: In a two-period model with default, if the nation defaults on its debts in the future period A) ... (Read 58 times)

melly21297

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on: Jun 30, 2018
In a two-period model with default, if the nation defaults on its debts in the future period
 
  A) there are no consequences.
  B) it bears a cost v.
  C) collateral is seized.
  D) it faces a higher interest rate.

Question 2

In the endogenous growth model, workers divide their time between market work and
 
  A) accumulating physical capital.
  B) accumulating human capital.
  C) trying to invent new production processes.
  D) work at home.


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anyusername12131

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


melly21297

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kishoreddi

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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