Which of the following regions had the most impressive growth rate between 1960 and 2011?

One possible reason for slower growth in developing and transition countries is

A) capital may not be directed to its most productive use. B) strict accounting standards are too stringent for the banks to meet. C) the weak link between government and financial intermediaries. D) the lack of adverse selection and moral hazard problems.

A decrease in demand and an increase in supply will:

A. Affect price in an indeterminate way and decrease the equilibrium quantity B. Increase price and affect the equilibrium quantity in an indeterminate way C. Decrease price and affect the equilibrium quantity in an indeterminate way D. Increase price and increase the equilibrium quantity