The poorest countries in Africa have some of the highest growth rates, thus proving the convergence hypothesis

If a price ceiling is set above the equilibrium price, then

A) there will be a surplus of the good. B) there will be a shortage of the good. C) there will be neither a shortage nor a surplus of the good. D) the price ceiling will generate revenue for the government. E) the price ceiling affects suppliers but not demanders.

Merchant banks and land mortgage companies were the result of the expansions in the transportation and industrial systems

Indicate whether the statement is true or false