Since 1960 the data show a tendency of output per worker to converge:
A) in all countries in the world.
B) countries with different savings rates.
C) in OECD countries.
D) none of the above.
Correct Answer:
Verified
Q39: In the Solow growth model in the
Q40: Figure 4.1 Q41: Economies are said to have converged if Q42: Convergence will not happen if economies around Q43: Convergence will not happen if economies around Q45: The data show a tendency of output Q46: What are the short and long run Q47: Convergence will not happen if economies around Q48: Convergence will not happen if economies around Q49: Convergence will not happen if economies around
Determinants
of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents