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Figure 10-4 -Which of the Following Is Not a Real World Factual

Question 37

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Figure 10-4 Figure 10-4 -Which of the following is not a real world factual conflict with the neoclassical growth model? A) Income per capita varies greatly across countries. B) Poor countries do not have a higher rate of return on capital. C) Immigrant labor from poor countries experiences very small increases in income when it moves to rich countries. D) poor countries' income levels have not converged to the income levels of rich countries.
-Which of the following is not a real world factual conflict with the neoclassical growth model?


A) Income per capita varies greatly across countries.
B) Poor countries do not have a higher rate of return on capital.
C) Immigrant labor from poor countries experiences very small increases in income when it moves to rich countries.
D) poor countries' income levels have not converged to the income levels of rich countries.

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