The convergence theory is also known as:
A) the catch-up effect.
B) Say's law.
C) the income effect.
D) Moore's law.
Correct Answer:
Verified
Q101: The convergence theory states that:
A) poorer countries
Q102: The convergence theory suggests:
A) that poorer countries
Q103: An equation that captures how inputs of
Q104: The convergence theory is based on the
Q105: Using the growth accounting equation, if the
Q107: When a country continually adds more capital
Q108: The convergence theory predicts that:
A) even if
Q109: Countries that start with very little physical
Q110: The basic idea behind the convergence theory
Q111: When a country adds more capital to
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