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Author Question: Nations with low levels of GDP per capita may converge to richer nations if A) nations with high ... (Read 156 times)

fox

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Nations with low levels of GDP per capita may converge to richer nations if
 
  A) nations with high levels of income experience a continuously increasing growth rate.
  B) nations with lower levels of income grow more quickly than those with higher levels of income.
  C) nations with lower levels of income grow more slowly than those with higher levels of income.
  D) nations with lower levels of income spend less on investment.

Question 2

A country has a current account surplus of 256 billion. This implies that ________.
 
  A) net factor payments from abroad is negative
  B) payments received from foreigners exceed payments to foreigners
  C) net transfers from abroad is negative
  D) its imports exceed its exports by 256 billion


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duy1981999

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fox

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Reply 2 on: Jun 30, 2018
Excellent


bblaney

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

 

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