Equilibrium price

The endogenous growth model predicts that

A) there is convergence in incomes per capita across countries. B) output per capita is constant. C) rich countries will always become poor. D) differences in per capital incomes across countries persist forever.

The classical and Monetarist models agree that

a. the use of fiscal policy can stabilize output. b. money demand is inherently unstable. c. the public has perfect information about the price level. d. increases in the money supply are the primary cause of inflation. e. none of the above