Most economists believe that convergence of GDP per capita ________ between developed nations and ________ between developing and developed nations.

Question

Quizplus · Accepted Answer

Most economists believe that convergence of GDP per capita has occurred between developed nations, meaning that the gap in GDP per capita between these nations has decreased over time. However, they also believe that convergence has not occurred between developing and developed nations, meaning that the gap between these nations has not significantly decreased over time.

Most Economists Believe That Convergence of GDP Per Capita ________