If Southwest Airlines borrows $20 million from a bank to finance the renovation of their corporate offices, this is an example of

Nations with low levels of GDP per capita may converge to richer nations if

A) nations with high levels of income experience a continuously increasing growth rate. B) nations with lower levels of income grow more quickly than those with higher levels of income. C) nations with lower levels of income grow more slowly than those with higher levels of income. D) nations with lower levels of income spend less on investment.

Refer to Figure 11.5. An increase in the level of investment is best illustrated by diagram

A) A. B) B. C) C. D) D.