High-income countries have ________ and ________ as compared to developing countries
A) high rates of savings; low rates of growth B) high rates of savings; high rates of growth
C) low rates of savings; high rates of growth D) low rates of savings; low rates of growth
B
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If the idea of herd instinct is true, it suggests that the:
A. efficient-market hypothesis doesn't always hold. B. efficient-market hypothesis does, in fact, hold. C. inefficient-market hypothesis doesn't always hold. D. inefficient-market hypothesis does, in fact, hold.
The building of the ________ were the key development in opening the era of mass production and mass consumption.
Fill in the blank(s) with the appropriate word(s).
The largest source of federal revenue is the corporate income tax.
Answer the following statement true (T) or false (F)
If one euro nation is experiencing rapid growth and inflation while another is facing sluggish growth and recession:
A. the two countries will disagree about the monetary policy that ought to be employed by the European Central Bank. B. only an appreciation of the euro can help both countries simultaneously. C. the European Central Bank ought to employ a tight monetary policy. D. the European Central Bank ought to employ an easy monetary policy.