If the per capita incomes of DVCs (developing countries) grew at the same annual rate as those of IACs (industrially advanced countries), then the absolute income gap between rich and poor nations over the years will:

Question

Quizplus · Accepted Answer

If both DVCs and IACs grow at the same rate, the absolute income gap will widen because the IACs start from a higher base, so their absolute income increase will be larger.

If the Per Capita Incomes of DVCs (Developing Countries) Grew