Identify the main reason to expect convergence in the long run.
A)Low-productivity countries learning from high-productivity countries
B)Rapid growth in the supply of capital in low-productivity countries
C)Educational attainment rising quickly in low-productivity countries
D)Economic complacency and mismanagement in high-productivity countries

Question

Quizplus · Accepted Answer

Low-productivity countries have the opportunity to learn from high-productivity countries and adopt their efficient methods, ultimately leading to convergence in the long run.

Identify the Main Reason to Expect Convergence in the Long