Refer to the scenario above. The opportunity cost per dollar of value added in the production of Good X by worker 2 is ________

Disintermediation resulted from

A) interest rate ceilings combined with inflation-driven increases in interest rates. B) elimination of Regulation Q (the regulation imposing interest rate ceilings on bank deposits). C) increases in federal income taxes. D) reserve requirements.

When the rate of growth of per capita income of poorer countries is higher than that of richer countries, it leads to economic convergence

a. True b. False Indicate whether the statement is true or false