Author Question: The difference in economic growth in North Korea and South Korea can be primarily attributed to ... (Read 228 times)

jayhills49 · **on:** Jun 30, 2018

The difference in economic growth in North Korea and South Korea can be primarily attributed to differences in ________.

A) the proximate causes of prosperity B) geography
C) culture D) institutions

Question 2

Assume equilibrium real GDP per year is equal to full-employment real GDP. If aggregate demand falls, then

A) the price level will increase in the short run and decrease in the long run.
B) long-run aggregate supply will eventually decrease too.
C) there will be an expansionary ga