GDP per capita is one way to measure an economy's growth. China and India began to progress when they allowed private ownership, around ____. Since then, there has been steady, strong growth in these economies

In Figure 4-6 above, with IS0 shifting to IS1 against the upward-sloping LM curve, at point 1

A) there is an excess demand for money. B) there is an excess supply of money. C) the demand for output exceeds Y1. D) the demand for output is below Y1.

If the insurance company can correctly anticipate the adverse selection,

a. Only Samantha would buy insurance b. Only Nadia would buy the insurance c. Both of them would buy the insurance d. Neither of them would buy the insurance