All points on the long-run Phillips curve that are sustainable in the long run due to economy’s self-correcting mechanism correspond to the

All of the following are reasons for caution when considering investing in emerging markets EXCEPT:

A) in rapidly growing economies, expectations of future growth are already reflected in stock prices. B) economies experiencing rapid growth typically experience a dilution effect. C) fees for investing in funds that specialize in emerging markets tend to be higher than other funds. D) most economists expect the economies of emerging markets to grow more slowly than that of more advanced economies.

As more of a good is produced, its opportunity cost tends to increase because resources are not equally efficient at producing all goods

a. True b. False Indicate whether the statement is true or false