Which of the following statements is true regarding economic growth and development? O a. The income gap between the top 10% and bottom 10% countries has increased over the past few centuries O b. A country's relative position in the world distribution of per capita incomes is immutable O c. The income growth rates of developing countries do not vary much. O d. The growth of world per capita GDP slowed down over the past five centuries

Which of the following statements is true regarding economic growth and development? O a. The income gap between the top 10% and bottom 10% countries has increased over the past few centuries O b. A country's relative position in the world distribution of per capita incomes is immutable O c. The income growth rates of developing countries do not vary much. O d. The growth of world per capita GDP slowed down over the past five centuries

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 4P

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