1535EconomicsMedium
Based on Mankiw Romer and Weil (1992) with conditional convergence holding fertility rates, education and government spending as a share of GDP constant?
Aincome per capita in poor countries grows conditional upon foreign aid
Bincome per capita is the same regardless of poor or rich countries
Cincome per capita in poor countries grows faster than in rich countries
Dincome per capita in rich countries grows faster than in poor countries
Correct answer
C. income per capita in poor countries grows faster than in rich countries
Explanation
The correct answer is income per capita in poor countries grows faster than in rich countries.