The convergence hypothesis a. states that differences in real GDP per capita among

Chapter 0, Problem 5

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The convergence hypothesis a. states that differences in real GDP per capita among countries widen over time. b. states that low levels of real GDP per capita are associated with higher growth rates. c. states that low levels of real GDP per capita are associated with lower growth rates. d. contradicts the Rule of 70. e. has been proven by evidence from around the world.

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