True/False
If the real outputs per capita of a rich nation and a poor nation grow at the same percentage rate,
the absolute income gap between the two nations will shrink.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q63: Which of the following DVC policies is
Q64: (Last Word) Describe the three foreign aid
Q65: Compare the GDP and GDP per capita
Q66: The World Bank is the organization to
Q67: In 2017, the IACs (industrially advanced countries)
Q69: The differences in the per capita incomes
Q70: A suggested policy for industrially advanced countries
Q71: The demographic transition view of population growth
Q72: Without an abundant endowment of natural resources,
Q73: One way through which industrially advanced economies