When comparing the advanced countries of the world,
A)countries with high per capita income in 1960 experienced high growth rates between 1960 and 2005.
B)every country experienced the same growth rate between 1960 and 2005, regardless of its size in 1960.
C)the evidence does not support the catch-up behavior predicted by growth theory.
D)countries with low per capita income in 1960 experienced low growth rates between 1960 and 2005.
E)the evidence supports the catch-up behavior predicted by growth theory.

Question

Quizplus · Accepted Answer

The evidence supports the catch-up behavior predicted by growth theory, which suggests that countries with lower initial income levels will tend to grow faster than those with higher initial income levels, allowing them to "catch up" over time.

When Comparing the Advanced Countries of the World