Conditional convergence implies that there is _____ relationship between real GDP per capita and subsequent growth.
A) a positive
B) a negative
C) no
D) a vertical

Question

Quizplus · Accepted Answer

Conditional convergence implies that poorer economies will grow faster than richer ones, assuming they share similar characteristics and policies, thus suggesting a negative relationship between the level of real GDP per capita and subsequent growth rates.

Conditional Convergence Implies That There Is _____ Relationship Between Real