Select all facts about convergence between 1960 and 2017? 0 If things continue as in the 1960-2017 period, we should eventually see all countries become rich. 0 0 0 Convergence occurs among countries with a high life expectancy. Convergence occurs among countries with a high level of education on average. Overall, we observe convergence in the world. Convergence occurs among OECD countries. Convergence always occurs among countries with the same economic characteristics. All countries that were poor in 1960 have grown faster over the 1960-2017 period than the countries that were richer.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter8: Productivity And Growth
Section: Chapter Questions
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Select all facts about convergence between 1960 and 2017?
U
U
If things continue as in the 1960-2017 period, we should eventually see all countries become rich.
Convergence occurs among countries with a high life expectancy.
Convergence occurs among countries with a high level of education on average.
Overall, we observe convergence in the world.
Convergence occurs among OECD countries.
Convergence always occurs among countries with the same economic characteristics.
All countries that were poor in 1960 have grown faster over the 1960-2017 period than the countries that were richer.
Convergence occurs among OECD countries on average.
Convergence occurs among countries with a high level of education.
If things continue as in the 1960-2017 period, we should eventually see poverty disappear.
Convergence occurs among countries with a high life expectancy on average.
Having a high life expectancy and a high average education are not sufficient conditions for
a poor country to get richer.
Transcribed Image Text:Select all facts about convergence between 1960 and 2017? U U If things continue as in the 1960-2017 period, we should eventually see all countries become rich. Convergence occurs among countries with a high life expectancy. Convergence occurs among countries with a high level of education on average. Overall, we observe convergence in the world. Convergence occurs among OECD countries. Convergence always occurs among countries with the same economic characteristics. All countries that were poor in 1960 have grown faster over the 1960-2017 period than the countries that were richer. Convergence occurs among OECD countries on average. Convergence occurs among countries with a high level of education. If things continue as in the 1960-2017 period, we should eventually see poverty disappear. Convergence occurs among countries with a high life expectancy on average. Having a high life expectancy and a high average education are not sufficient conditions for a poor country to get richer.
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