Large differences in human capital between poor and rich countries:
A) cannot explain the lack of convergence in per capita incomes between poor and rich countries.
B) may explain why per capita incomes in poor countries have begun to converge with those in rich countries.
C) may explain why per capita incomes in poor countries have not converged with those in rich countries.
D) cannot explain why rich countries continue to grow at rates that are similar to those in poor countries.
Correct Answer:
Verified
Q75: Q76: Q77: According to the convergence hypothesis based on Q78: According to the neoclassical growth model, richer Q79: Suppose Slovakia and Zimbabwe have the same Q81: Which of the following best explains why Q82: Which of the following statements is false? Q83: Consider Solow growth model with production function Q84: Consider Solow growth model with production function Q85: Which of the following statements is false?![]()
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