Empirical evidence from 1960 to 2014 shows that convergence in economic growth is occurring in which of the following cases?
A)Low-income industrial countries are catching up to high-income industrial countries.
B)Low-income developing countries are catching up to high-income industrial countries.
C)Low-income industrial countries are catching up to high-income developing countries.
D)All low-income countries are catching up to all high-income countries.

Question

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The Answer of Empirical evidence from 1960 to 2014 shows that convergence in economic growth is occurring in which of the following cases?
A)Low-income industrial countries are catching up to high-income industrial countries.
B)Low-income developing countries are catching up to high-income industrial countries.
C)Low-income industrial countries are catching up to high-income developing countries.
D)All low-income countries are catching up to all high-income countries.

Empirical Evidence from 1960 to 2014 Shows That Convergence in Economic