(I) A monetary policy that results in price stability will encourage the realization of gains from trade and thereby help promote economic growth. (II) High tariffs and restrictive quotas will encourage rapid economic growth

If goods are complements, then their

A) cross elasticities are positive. B) income elasticities are positive. C) income elasticities are negative. D) cross elasticities are negative.

Countries that have adopted liberal reforms and substantially increased their economic freedom rating in recent years

a. experienced falling income levels per capita during 1995-2009. b. grew slowly during 1995-2009. c. achieved impressive growth rates of real GDP per person during 1995-2009. d. have grown less rapidly than high income industrial economies.