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

Author Question: International data suggests that countries with different steady states will a. converge to the ... (Read 28 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
International data suggests that countries with different steady states will
 
  a. converge to the same growth rates of output.
  b. converge to the same per-capita output levels.
  c. not converge.
  d. converge to the same steady state in the long-run.

Question 2

The nominal money supply fell faster in 192932 than did prices.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

phuda

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

C

Answer to Question 2

False





 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

For a complete list of videos, visit our video library