If it is assumed that capital is alike and freely mobile between economies, the Solow growth model
A) has no need of the recent attempts at improving it.
B) suffers from the "exogeneity" problem.
C) suffers from the "non-convergence" problem.
D) suffers from the "incentives" problem.
C
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Which of the following statements is true?
A) Economic growth always reduces poverty. B) Economic growth is ineffective in reducing both poverty and inequality. C) Economic growth always reduces inequality. D) Economic growth can reduce poverty only if it is not associated with a significant rise in inequality.
Suppose the economy is initially experiencing a recessionary ga
A) a reduction in the size of the recessionary gap and increase in real GDP. B) an increase in the size of the recessionary gap and decrease in real GDP. C) an inflationary ga
"For a perfectly competitive market, an economic profit attracts new firms. But when these firms enter the market, the price falls and the economic profit is eliminated"
Are the previous statements correct or incorrect? What is the long-run profit or loss outcome for firms in a perfectly competitive market?
Under __________ a borrower gets advance approval from the SEC to issue securities up to a certain amount at an unspecified time in the future
A) advance registration B) pre-registration C) guaranteed registration D) shelf registration