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Economics
MEDIUM
ENGLISH
Economics
Based on Mankiw Romer and Weil (1992) with conditional convergence holding fertility rates, education and government spending as a share of GDP constant ?
A
income per capita is the same regardless of poor or rich countries
Option A
income per capita in poor countries grows faster than in rich countries
Correct answer
C
income per capita in rich countries grows faster than in poor countries
Option C
D
income per capita in poor countries grows conditional upon foreign aid
Option D
Correct answer: B
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