Convergence of Output Per Capita Across Countries Has Come from

question 20

Multiple Choice

Convergence of output per capita across countries has come from

• A)a convergence of saving rates.
• B)a convergence of the accumulation of capital.
• C)higher technological progress from the countries that started behind.
• D)all of the above

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Definitions:

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A fictional estate commonly used in legal education to illustrate real property law.

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To compel observance of or compliance with a law, rule, or obligation.

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A contract made orally rather than in writing, which can still be legally binding under certain conditions.

Restrict Competition

Legal or business strategies implemented to limit competition within a market, often scrutinized for fairness under competition law.