The 2003 iraqi war destroyed large amounts of capital. later, insurgent activity continued to destroy capital and created instability in the government. today, hostilities have waned and the government has become more stable. according to the solow growth model, over the next few years we would expect to see growth rates in iraq to be those of high-income countries with similar institutions followed by growth rates that are the growth rates in those countries. a. about the same as; lower than b. lower than; about the same as c. higher than; much higher than d. higher than; about the same as

What are two benefits of consumer programs

Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.