The Basic Idea Behind the Convergence Theory Is

question 136

Multiple Choice

The basic idea behind the convergence theory is:

• A) that countries starting at low levels of income will tend to grow at much faster rates than those starting with high levels of income.
• B) each additional unit of capital provides larger gains when you're coming from behind.
• C) also the basic idea behind the catch-up effect.
• D) All of these are true.

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Definitions:

Emotional Distress

Significant mental suffering or anguish, often resulting from stressful situations or traumatic events.

Ruminate

To think deeply or repeatedly about something, often about problems or negative experiences.

Susan Nolen-Hoeksema

A psychologist known for her work in gender differences in depression and the ruminative response style in depression.

Depression

A mood disorder characterized by prolonged feelings of sadness and loss of interest in daily activities.