Empirical Evidence from 1960 to 2014 Shows That Convergence in Economic

question 54

Multiple Choice

Empirical evidence from 1960 to 2014 shows that convergence in economic growth is occurring in which of the following cases?

• A)Low-income industrial countries are catching up to high-income industrial countries.
• B)Low-income developing countries are catching up to high-income industrial countries.
• C)Low-income industrial countries are catching up to high-income developing countries.
• D)All low-income countries are catching up to all high-income countries.

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Definitions:

Ionic Compounds

Chemical compounds composed of ions held together by electrostatic forces known as ionic bonding.

Dissolve

The process of a substance becoming incorporated into a liquid to form a solution, typically through physical and chemical interactions.

Dissociate

Ionization in which ions are dissolved in water and the cations and anions are surrounded by water molecules.

Charge

In physics, charge refers to a property of matter that causes it to experience a force when near other electrically charged matter; there are two types, positive and negative, which attract each other.