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Author Question: Convergence refers to the movement of countries toward a. the same levels of per capita output ... (Read 31 times)

DelorasTo

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on: Jun 30, 2018
Convergence refers to the movement of countries toward
 
  a. the same levels of per capita output growth.
  b. the same levels of per capita output.
  c. a constant rate of output growth.
  d. the same capital-to-labor ratios.
  e. both b and d.

Question 2

The Smoot-Hawley Tariff Act of 1930 is thought to have contributed to the severity of the 1930s depression because of the rise in tariff rates and the consequential drop in private consumption, savings and investment.
 
  Indicate whether the statement is true or false


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tuate

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

True


DelorasTo

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

kjohnson

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Reply 3 on: Yesterday
:D TYSM

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