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Author Question: Refer to Figure 11-5. Based on the "catch-up line" drawn above, poorer countries are ... (Read 86 times)

savannahhooper

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on: Mar 16, 2019

Question 1

Draw a graph of "catch-up" that shows where you would expect to see a country with low saving rates and low levels of health and education. How would you expect real GDP per capita to grow in a country like this? Explain.



Question 2

Figure 11-5











Refer to Figure 11-5.  Based on the "catch-up line" drawn above, poorer countries are more likely to be at a point like ________, where growth in GDP is relatively ________, while richer countries are more likely to be at a point like ________, where growth in GDP is relatively ________.


◦ A; low; B; high
◦ A; high; B; low
◦ B; low; A; high
◦ B; high; A; low
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by savannahhooper on Mar 16, 2019

Jody Vaughn

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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savannahhooper

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Reply 2 on: Mar 16, 2019
Excellent

hramirez205

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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