According to the Convergence Hypothesis, Differences in GDP Per Capita

question 114

Multiple Choice

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

• A)lower; higher
• B)lower; lower
• C)higher; higher
• D)higher; negative

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Definitions:

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Narrow and Scary Bridge

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