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  3. Macroeconomics Study Set 48
  4. Quiz 9: Long-Run Economic Growth

According to Conditional Convergence, the Real Gdp Per Capita of Poor

Question 257
True False

According to conditional convergence, the real GDP per capita of poor nations will never catch up to that of wealthy nations because of the condition of the military in poor nations.

Related questions
Q 258
Conditional convergence suggests that if adjustments were made for differences in education, infrastructure, and other factors that contribute to growth, poorer countries would have higher growth rates.
Q 259
Sustainable long-run economic growth is long-run growth that can continue in the face of decreases in the growth rate of the world's population.
Q 260
Sustainable long-run economic growth can continue in the face of the limited supplies of natural resources and the impact of growth on the environment.
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