After 1995 U.S. growth rate ________ and the European Rate ________
A) slowed down; speeded up
B) speeded up; slowed down
C) slowed down; slowed down
D) speeded up, speeded up
B
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As of 2011, which of the following was the largest stock exchange in terms of total value traded?
A) the New York Stock Exchange B) London Stock Exchange C) Shanghai Stock Exchange D) Tokyo Stock Exchange
Suppose that an economy is producing on its production possibilities curve but is not producing quantities of each good where the marginal benefit equals the marginal cost for each good. This economy:
A. should not change its production because it cannot improve its allocation by shifting resources. B. can improve its allocation by lowering the unemployment rate. C. can improve its allocation by producing more of one good and less of the other. D. can improve its allocation by producing more of both goods.