In the long run,________ differences in economic growth rates result in ________ differences in GDP per capita.
A)large; small
B)large; no
C)small; large
D)small; no

Name: In the long run,________ differences in economic growth rates result in ________ differences in GDP per capita. A)large; small B)large; no C)small; large D)small; no
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Question

Quizplus · Accepted Answer

Small differences in economic growth rates can result in large differences in GDP per capita over time due to the compounding effect of growth.

In the Long Run,________ Differences in Economic Growth Rates Result