Assuming all else equal, the credit supply curve shows the ...

[asan beg]

Assuming all else equal, the credit supply curve shows the relationship between the quantity of credit supplied and the:
 
  A) real wage rate. B) real interest rate. C) income tax rate. D) inflation rate.

Question 2

What were the major reasons for the lack of sustained growth before modern times?
 
  What will be an ideal response?

[triiciiaa]

Answer to Question 1

B

Answer to Question 2

There were two main reasons for the lack of sustained growth before modern times. These were:
a) The pace of technological change before the year 1800 was slow and almost stagnant compared to what came thereafter.
b) Whatever improvements in income or GDP were realized went to feed an increasing population rather than in an attempt to increase the GDP per capita.