Because the Gap in Real GDP Per Capita Between Western

question 166

True/False

Because the gap in real GDP per capita between Western Europe, North America, and parts of Asia is widening, the convergence hypothesis is wrong.

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Definitions:

Dependent Variable

The variable that is measured in an experiment and expected to change as a result of changes in the independent variable.

Continuous Variables

Variables that can take an infinite number of values within a given range, allowing for very fine distinctions.

Factor Analysis

An analytical method in statistics that identifies the basic variables, or factors, explaining the correlation patterns seen within a group of observed variables.

Factors

In the context of statistics and experimental design, variables that are manipulated or measured to determine their effect on an outcome variable.