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.
Relative Energy Consumption per Person for Selected Countries
Activation Synthesis Theory of Dreams
Sternberg's theory postulates three components of love
The nucleus is bounded by a double membrane called the nuclear envelope
A diver shines light up to the surface of a flat glass-bottomed boat at an angle of 30 relative ...
A 2-kg box of taffy candy has 40 J of potential energy relative to the ground. Its height above ...