If the actual capital-labor ratio is below the steady-state capital labor ratio, growth from convergence will be ________, and the economy will grow ________ than it will along a balanced growth path

In 1939 the U.S. economy was operating at point ________.

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

In the circular flow of income model injections:

a) Are assumed to be exogeneous (independent of national income) b) Are assumed to be a function of national income c) Decrease aggregate demand d) Decrease the investment into an economy