When looking at real world data,we see that:
A) the convergence theory holds nearly universally.
B) the convergence theory holds for some countries,but not others.
C) the convergence theory does not hold empirically.
D) the convergence theory was proved false.
Correct Answer:
Verified
Q111: When a country adds more capital to
Q112: When a country continually adds more capital
Q114: Governments:
A)can use tax revenues to invest in
Q115: Household savings rates:
A)vary enormously across countries.
B)can be
Q116: Household savings rates:
A)vary enormously across countries.
B)are remarkable
Q118: For a country to acquire more physical
Q118: Domestic savings:
A) is equal to domestic income
Q124: Industrial policies are:
A) favorable tax policies to
Q127: A reduction in current consumption to pay
Q145: Effective, stable leadership is essential to:
A) economic
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