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Empirical Evidence from 1960-2012 Shows That Convergence in Economic Growth

Question 109

Multiple Choice

Empirical evidence from 1960-2012 shows that convergence in economic growth is occurring in which of the following cases?


A) Low income industrial countries are catching up to high income industrial countries.
B) Low income developing countries are catching up to high income industrial countries.
C) Low income industrial countries are catching up to high income developing countries.
D) All low income countries are catching up to all high income countries.

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