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The Neoclassical Growth Revival Argues That the Gap Between Rich

Question 9

Multiple Choice

The neoclassical growth revival argues that the gap between rich and poor nations


A) is increasing despite the attempts by world governments to stimulate growth in poor nations.
B) is growing at a slower rate due to increased emphasis on capital formation in underdeveloped countries.
C) has remained unchanged for the past four decades since 1960) .
D) has actually narrowed once differences in saving and population growth rates are accounted for.
E) is best explained by accounting for differences in human capital.

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