Multiple Choice
If France's per capita GDP is $5,000 in 1950 and Portugal's is $2,500, but Portugal is growing faster, the expectation that sometime in the future Portugal's per capita GDP will equal that of France is called economic:
A) growth.
B) divergence.
C) convergence.
D) dynamics.
E) justice.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q46: Which of the following is/are the benefit(s)
Q47: Defining per capita GDP in 2016 as
Q48: Suppose k, l, and A grow at
Q49: Per capita real GDP is given by
Q50: Economic growth is defined as:<br>A) the percent
Q52: Which of the following had a negative
Q53: Suppose k and l grow at constant
Q54: Over the past two decades, China's per
Q55: According to the constant growth rate rule,
Q56: Between 1960 and 2010, Madagascar was one