Multiple Choice
Consider two countries,Alpha and Beta.In Alpha,real GDP per capita is $6,000.In Beta,real GDP per capita is $9,000.Based on the economic growth model,what would you predict about the growth rates in real GDP per capita across these two countries?
A) The growth rate of real GDP per capita will be lower in Alpha than it is in Beta.
B) The growth rate of real GDP per capita will be higher in Alpha than it is in Beta.
C) The growth rate of real GDP per capita in Alpha and Beta will be the same.
D) The economic growth model makes no predictions regarding differences in growth rates of real GDP per capita across the two countries.
Correct Answer:

Verified
Correct Answer:
Verified
Q31: Policies to promote growth by increasing saving
Q32: Why do some firms choose not to
Q33: Technological change is the key to sustaining
Q34: The U.S.economy has seen a faster increase
Q35: Figure 11-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 11-1
Q37: Would you expect to see higher or
Q38: Using the points on the diagram below,identify
Q39: Lack of investment in strong education and
Q40: Most of the countries of Africa are
Q41: The per-worker production function shows the relationship