Multiple Choice
Since 1980,growth rates in China have exceeded growth rates in the United States.Based on this information,the Solow growth model would predict that
A) the United States will always be wealthier than China.
B) China's wealth will eventually surpass the wealth of the United States.
C) growth in China will slow down as its level of wealth approaches that of the United States.
D) the two countries will never converge to the same level of wealth.
E) the United States is in a steady state but China is not.
Correct Answer:

Verified
Correct Answer:
Verified
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