Absolute Convergence Is the Tendency of Economies to Converge

question 33

Multiple Choice

Absolute convergence is the tendency of economies to converge:

• A)all the time.
• B)when they are similar.
• C)only when economic conditions are good.
• D)only when currencies are stable.

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Definitions:

Interpersonal Relationships

Connections or associations between two or more people that may be based on emotions like love, solidarity, regular business interactions, or some other type of social commitment.

Situational Variables

Variables that describe aspects of the context or environment that can influence behavior or outcomes.

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Belongingness

A human emotional need to be an accepted member of a group, whether it is friends, family, or co-workers, impacting one's sense of identity and relationships.