Answer:
b) heterogeneous I believe im not 100% sure
Explanation:
Answer:
The correct answer is letter "B": harmonization.
Explanation:
In economics, convergence refers to the fact that poor countries' income per capita increases at a faster pace than in rich countries. At a certain point in time, every country's income per capita should converge at the same point.
Several actions could be carried out to fasten that process such as standardizing labor conditions across the European Community (EC) or free-trade blocks such as the North American Free-Trade Agreement (NAFTA). <em>Once labor conditions have been subject to </em><u><em>harmonization</em></u><em> regardless of the region in the world, convergence will be a more attainable objective.</em>
Answer:
Following is the order from first to last
Explanation:
Progression of a properly function loanable funds is a step by step procedure if one step fails the functions of loanable funds cannot proceed further.
The first step is Borrowing requires saving
The second step is investment requires borrowing
The last step is output (GDP) requires investment
The first is borrowing followed by investment and the output GDP.
