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Author Question: Empirical evidence from 1960 to 2011 shows that convergence in economic growth is occurring in which ... (Read 132 times)

brutforce

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on: Jun 29, 2018
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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


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