The experience of the HPAEs has brought attention to predictions about income inequality made by Kuznets. He predicted that at first income inequality would ________ as economies began to develop. In the HPAEs experience it ________
A) rise; rose
B) decrease; decreased
C) rise; fell
D) fall; rose
E) There was no pattern.
C
Economics
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The natural rate of interest rises with a __________ shift of the __________ curve
A) rightward; IS B) rightward; LM C) leftward; IS D) leftward; LM
Economics
The M1 money supply is defined to be the sum of currency, traveler's checks, and:
a. checkable deposits. b. Treasury bonds. c. savings accounts. d. large time deposits.
Economics