"Convergence" has been occurring among the OECD countries because (A) the richer countries give away more of their output than the poorer ones. B) the poorer countries have had higher growth rates than the richer ones. the richer countries have had higher growth rates than the poorer ones. (D) the poorer countries have had positive growth rates, while the richer ones have had negative growth rates.
"Convergence" has been occurring among the OECD countries because (A) the richer countries give away more of their output than the poorer ones. B) the poorer countries have had higher growth rates than the richer ones. the richer countries have had higher growth rates than the poorer ones. (D) the poorer countries have had positive growth rates, while the richer ones have had negative growth rates.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter17: Production And Growth
Section: Chapter Questions
Problem 8QR
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