The industrialized group of countries has growth rates that are ...

[burton19126]

The industrialized group of countries has growth rates that are consistent with the findings of the economic growth model.
 
  That is, Taiwan, Korea, and Singapore had ________ incomes in 1960 than the United States and Switzerland, and Taiwan, Korea, and Singapore grew ________ than the United States and Switzerland between 1960 and 2010.
  A) lower; more rapidly B) greater; more rapidly
  C) greater; less rapidly D) lower; less rapidly

Question 2

If the government wants to minimize the welfare loss of a tax, it should tax goods with more inelastic demands or supplies.
 
  Indicate whether the statement is true or false

[Tonny]

Answer to Question 1

A

Answer to Question 2

TRUE