When countries converge,
A) they all grow at the same rate.
B) poorer ones grow faster.
C) richer ones grow faster.
D) richer ones do not grow.
Correct Answer:
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Q4: In the endogenous growth model,an increase in
Q5: Human capital is knowledge in
A) books.
B) people.
C)
Q6: In the endogenous growth model,human capital accumulation
Q7: According to Solow's exogenous growth theory,what happens
Q8: Suppose a poor economy inches towards the
Q10: In the endogenous growth model,workers divide their
Q11: Which of the following is not a
Q12: Human capital is
A) knowledge found in books.
B)
Q13: Income per worker has been
A) converging in
Q14: Suppose a country is much richer than
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