Author Question: North's (1955) theory of economic location is that of balanced growthmany industries in each region ... (Read 82 times)

ETearle · **on:** Jun 30, 2018

North's (1955) theory of economic location is that of balanced growthmany industries in each region must advance at about the same time in order for economic growth to occur.

Indicate whether the statement is true or false

Question 2

In the early 1980s, the disinflation in the United States

a. was accompanied by rapidly growing deficits.
b. was costless in terms of output and employment effects.
c. was the result of a well-publicized expansionary monetary policy.
d. did not result in a severe recession.