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Conditional Convergence Predicts That If Two Countries Have the Same

Question 131

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Conditional convergence predicts that if two countries have the same steady-state level of output,the poorer country will:


A) grow but never be able to catch up with the richer country.
B) catch up with the richer country because the richer country will not be able to maintain its steady-state output level.
C) catch up with the richer country because it will grow faster than the rich country.
D) not grow at all and will fall further behind the rich country.

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