According to the Convergence Theory

Multiple Choice

According to the convergence theory,

A) less-developed countries should grow faster than advanced ones because of the ability to copy new technology
B) the growth rates of all countries converge because in the long run, all resources are alike
C) human capital differences can never be made up
D) GDP and productivity growth rates should converge over time
E) the impact of basic and applied research should converge over time