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According to the Convergence Hypothesis Based on the Neoclassical Growth

Question 77

Multiple Choice

According to the convergence hypothesis based on the neoclassical growth model:


A) richer countries will always grow faster than poorer countries.
B) poorer countries will always grow faster than richer countries but will never become as rich.
C) all countries will eventually have the same per capita incomes.
D) countries will never share the same per capita incomes.

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