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Author Question: In a two-period model with default, if the nation defaults on its debts in the future period A) ... (Read 116 times)

melly21297

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on: Jun 30, 2018
In a two-period model with default, if the nation defaults on its debts in the future period
 
  A) there are no consequences.
  B) it bears a cost v.
  C) collateral is seized.
  D) it faces a higher interest rate.

Question 2

In the endogenous growth model, workers divide their time between market work and
 
  A) accumulating physical capital.
  B) accumulating human capital.
  C) trying to invent new production processes.
  D) work at home.


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anyusername12131

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

B

Answer to Question 2

B


melly21297

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  • Posts: 565
Reply 2 on: Jun 30, 2018
Excellent

covalentbond

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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