Empirically,in recent decades
A) convergence has taken place between the richest and poorest nations
B) divergence has occurred between the richest and poorest nations
C) the richest and poorest nations have, on average, grown at roughly equal rates, neither converging nor diverging
D) divergence has occurred among the 50 US States
E) divergence has occurred among developed countries
Correct Answer:
Verified
Q3: Which of the following is most frequently
Q4: Under the conditions of endogenous growth,
A) there
Q5: Which of the following is not an
Q6: The next questions refer to the following.
Suppose
Q7: The next questions refer to the following.
Suppose
Q9: The next questions refer to the following.
Suppose
Q10: In the endogenous growth model with constant
Q11: One reason to believe that the marginal
Q12: The observation that poorer nations grow more
Q13: Generally speaking GDP per capita
A) Is higher
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