In the neoclassical growth model,convergence is conditional upon two countries having
A) the same savings rates.
B) the same depreciation rates.
C) the same technology growth rates.
D) the same population growth rates.
E) all of the above.
Correct Answer:
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Q40: The neoclassical growth model argues that the
Q41: Endogenous growth models
A)predict absolute convergence.
B)predict conditional convergence.
C)do
Q42: Data on convergence suggests:
A)poor countries are converging
Q43: According to Edward Denison,during the 1929-1982 period,real
Q44: The "A" in the neoclassical production function
Q46: If an economy is growing at 2
Q47: In the neoclassical growth model,the rate of
Q48: According to Edward Denison,the major source of
Q49: According to the neoclassical growth model,in a
Q50: In the neoclassical growth model,an increase in
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