Suppose two countries have identical growth rates of real GDP and the same initial value of per capita real GDP. We know, then, that
A) living standards may differ in the two countries because we don't know how income is distributed in the countries.
B) economic well being is the same in both countries.
C) living standards in the two countries are probably identical, or very close to each other.
D) life expectancies are the same in both countries.
A
Economics
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