Income per worker has been
A) converging in neither the poor nor the rich countries.
B) converging in the poor countries but not converging in the rich countries.
C) converging in the rich countries, but not converging in the poor countries.
D) converging in both the rich countries and the poor countries.
E) fluctuating significantly for both the rich and poor countries.
Correct Answer:
Verified
Q33: Total factor productivity growth involves
A)research and development
Q34: In the endogenous growth model presented
Q35: The government can cause growth to increase
Q36: For the Solow model to accurately explain
Q37: Human capital accumulation is different from physical
Q39: Government ownership of production
A)increases total factor productivity.
B)is
Q40: The endogenous growth models were characterized by
A)Friedman
Q41: As a measure of aggregate economic welfare,
Q42: If a larger fraction of the population
Q43: In the endogenous growth model, more time
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