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According to the Convergence Hypothesis,differences in Real GDP Per Capita

question 127

Multiple Choice

According to the convergence hypothesis,differences in real GDP per capita among countries tend to narrow over time because countries that start with a _____ real GDP per capita tend to have _____ growth rates.


Definitions:

Attractiveness

Qualities or characteristics of a person or thing that evoke interest, desire, or pleasure in others.

Group Leaders

Individuals who guide, influence, and direct a group aiming to achieve common goals.

Baumeister

Refers to Roy F. Baumeister, a psychologist known for his work on the self, social rejection, belongingness, and other aspects of social psychology.

Normative Influence

Social influence whereby individuals change their behavior or attitudes to conform to norms or expectations of a group to gain acceptance or approval.

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