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Author Question: International data suggests that countries with different steady states will a. converge to the ... (Read 54 times)

ARLKQ

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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



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phuda

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Answer to Question 1

C

Answer to Question 2

False





 

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