Which of the following is the common link among developing countries?
a. Low poverty
b. Low unemployment
c. Low trade deficits
d. Minimum government interference
e. Low per capita GDP
e
Economics
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Three policy lags limit the effectiveness of monetary policy: recognition lags, implementation lags, and impact lags. Of these three policy lags, fiscal policy is impacted by
A) only implementation and impact lags. B) only recognition and implementation lags. C) only recognition and impact lags. D) all three policy lags.
Economics