Over the past fifty years, convergence has generally occurred for all of the following groups of countries with the exception of
A) the five richest countries.
B) European countries.
C) the 'four tigers' in Asia.
D) OECD countries.
E) none of the above
E
Economics
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Demand-pull inflation results from continually increasing the quantity of money, which leads to continually
A) decreasing potential GDP. B) increasing potential GDP. C) increasing aggregate supply. D) decreasing aggregate demand. E) increasing aggregate demand.
Economics
Refer to Table 2-4. Which of the following statements is true?
A) George has an absolute advantage in both tasks. B) Jack has an absolute advantage in both tasks. C) Jack has an absolute advantage in lawn mowing and George in garden cultivating. D) Jack has an absolute advantage in garden cultivating and George in lawn mowing.
Economics