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Growth, Financial System & Business Cycles Notes & Questions

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Ch 14 Econ Growth, financial system, business cycles
- Link between productivity/standard of living (S.O.L)
- Some countries are rich, others are poor because of technological change
^Answer: D. decreases; decreases
^Answer: A

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3.^B
4. ^B(increase in budget deficit; other choices will lead to a decrease in equilibrium interest rate)
5.^D(all of them would encourage economic growth)

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Ch 14 Econ Growth, financial system, business cycles - Link between productivity/standard of living (S.O.L) Some countries are rich, others are poor because of technological change ^Answer: D. decreases; decreases ^Answer: A 3.^B 4. ^B(increase in budget deficit; other choices will lead to a decrease in equilibrium interest rate) 5.^D(all of them would encourage economic growth) Name: Description: ...
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