According to the convergence hypothesis, as a country grows wealthier, its productivity growth rate will slow down.
Answer the following statement true (T) or false (F)
True
Economics
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Everything else held constant, an autonomous tightening of monetary policy will cause
A) the quantity of aggregate demand to increase. B) the quantity of aggregate demand to decrease. C) aggregate demand to increase. D) aggregate demand to decrease.
Economics
User charges are identical to market prices
a. True b. False
Economics
The expectation of greater inflation resulting from the government's creation of money often results in a:
A. less inflationary pressure. B. higher nominal demand for goods. C. lower money velocity. D. less rapid money growth.
Economics
A PPF is bowed outward as a result of
A) constant opportunity costs. B) increasing opportunity costs. C) decreasing opportunity costs. D) scarcity. E) choice.
Economics