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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

What sorts of policies can governments implement to encourage convergence?

To determine

The types of policies that the government can implement to encourage convergence are to be determined.

Explanation

The policies that the government should implement to encourage convergence are as follows:

  1. The Developing countries should pass such reforms that rapidly encourage growth, such as improved pr...

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