Question 6 Which of the following examples represents convergence? O Lower income countries are growing at a higher rate than higher income countries and catching up. O The political systems of lower income countries evolve to become like higher income countries over time. O The technology available in low income countries improves to match that of higher income countries. O Higher income countries are growing at a faster rate than middle income countries because of more advanced technology.

Question 6 Which of the following examples represents convergence? O Lower income countries are growing at a higher rate than higher income countries and catching up. O The political systems of lower income countries evolve to become like higher income countries over time. O The technology available in low income countries improves to match that of higher income countries. O Higher income countries are growing at a faster rate than middle income countries because of more advanced technology.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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