^{In the Regression Equation Y/N)/Y/N) = a + cY/N)}1960

question 45

Multiple Choice

^{In the regression equation Y/N) /Y/N) = a + cY/N)} 1960^{, where Y/N) /Y/N)} stands for the average annual growth rate of per-capita income, the parameter c is___________when the data across countries are analyzed and __________ is found.

• A) positive, convergence
• B) negative, divergence
• C) neither positive or negative, convergence
• D) negative, convergence
• E) positive, divergence

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