Which of the Following Is a True Statement Regarding the Economic

question 148

Multiple Choice

Which of the following is a true statement regarding the economic growth model's predictions and how it actually affects the real world?

• A)The growth model predicts that poor countries should catch up with rich countries, but developing countries are not catching up to lower-income industrialized countries as a group.
• B)The growth model predicts that poor countries will never catch up with rich countries, but lower-income industrialized countries are catching up to higher-income industrialized countries as a group.
• C)The growth model predicts that poor countries will catch up with rich countries, but lower-income industrialized countries are not catching up to higher-income industrialized countries as a group.
• D)The growth model predicts that poor countries will catch up with rich countries, and this is what we observe across all developmental categories of countries.
• E)The growth model predicts that rich countries will experience ever faster economic growth and this is what we observe among higher-income industrialized countries.

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Definitions:

Procedural Memories

Procedural memories are a type of long-term memory involved in the learning of motor skills and behaviors, allowing individuals to perform tasks without conscious awareness of the learned abilities.

Reticular Formation

A network of neurons in the brainstem involved in arousal and alertness.

Procedural Memories

Memories of how to perform tasks or actions, such as riding a bike or tying shoelaces, often recalled unconsciously.

Cerebellum

A region of the brain that plays an important role in motor control, and can also be involved in some cognitive functions like attention and language.