When countries converge,
A) they all grow at the same rate.
B) poorer ones grow faster.
C) richer ones grow faster.
D) richer ones do not grow.
B
Economics
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Of the following, the best example of oligopoly is
A) wheat farming. B) the restaurant industry. C) the cigarette industry. D) the clothing industry.
Economics
Which of the following best describes a situation of moral hazard?
a. Sicker people are more likely to buy health insurance. b. Prospective used-car buyers have less information about a particular car than its seller does. c. Drivers with collision insurance drive more recklessly. d. Drivers with collision insurance wear seatbelts less often.
Economics