The main cause of low per capita income is ________. A) a low ...

[jake]

The main cause of low per capita income is ________.
 
  A) a low level of capital
  B) a small workforce
  C) low productivity of capital and labor
  D) slow growth of capital and labor shares of income
  E) none of the above

Question 2

New Keynesian economists believe that nominal wages and prices respond ________ to shocks, and classical economists believe that nominal wages and prices respond ________ to shocks.
 
  A) quickly; quickly
  B) quickly; slowly
  C) slowly; quickly
  D) slowly; slowly

[Yixagurpuldink]

Answer to Question 1

C

Answer to Question 2

C

[jake]

Thanks for the timely response, appreciate it

[mjenn52]

Wow, this really help