This topic contains a solution. Click here to go to the answer

Author Question: The theory of relative backwardness a. formulated by Rostow b. called for substitutions for ... (Read 19 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
The theory of relative backwardness
 a. formulated by Rostow
  b. called for substitutions for missing preconditions
  c. explained the industrial revolution
  d. was an idea of Gerschenkron
  e. both b and d are correct

Question 2

Assume that the expectation of declining housing prices cause households to reduce their demand for new houses and the financing that accompanies it. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the GDP Price Index and net nonreserve-related international borrowing/lending in the context of the Three-Sector-Model?
 a. The GDP Price Index falls, and net nonreserve-related international borrowing/lending becomes more negative (or less positive).
  b. The GDP Price Index rises, and net nonreserve-related international borrowing/lending becomes more negative (or less positive).
  c. The GDP Price Index falls, and net nonreserve-related international borrowing/lending becomes more positive (or less negative).
  d. The GDP Price Index and net nonreserve-related international borrowing/lending remain the same.
  e. There is not enough information to determine what happens to these two macroeconomic variables.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Tabitha_2016

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

E

Answer to Question 2

.A




Tabitha_2016

  • Sr. Member
  • ****
  • Posts: 344

 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library