Over the long run, per capita incomes in different regions of the United States have
a. gradually diverged with the Northeastern region leading all other income groups.
b. gradually converged.
c. gradually converged until roughly 1985, and then diverged as the Western states outpaced other regions.
d. have converged, with the exception of the South.
b. gradually converged.
Economics
You might also like to view...
The time it takes to identify and examine the nature and seriousness of an economic problem is the _____
a. activity lag b. decision-making lag c. effectiveness lag d. implementation lag e. recognition lag
Economics
Which of the following is counted as part of M2?
a. Currency. b. Checkable deposits. c. Money-market mutual funds. d. All of these.
Economics