Solved

If GDP in a Richer Country Grows at the Same

Question 72

Multiple Choice

If GDP in a richer country grows at the same annual rate as in a poorer country, the


A) gap between their standards of living will widen over time.
B) difference in their living standards will not change over time.
C) gap between their standards of living will close over time.
D) gap between their standards of living will close over time as long as the rate of population growth is lower in the richer country.
E) gap between their standards of living will close over time as long as the rate of population growth is lower in the poorer country.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents