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Author Question: Convergence theory suggests that gaps in ________ tend to close over time. (Read 144 times)

kfurse

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Question 1

In Vidalia, real GDP increased by 6% and the population increased by 9% in 2016. In 2016, Vidalia experienced


◦ economic growth, but not an increase in living standards.
◦ economic growth and an increase in living standards.
◦ no economic growth, but an increase in living standards.
◦ an economic decline.

Question 2

Convergence theory suggests that gaps in ________ tend to close over time.


◦ national income
◦ population levels
◦ unemployment rates
◦ inflation rates


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Marked as best answer by kfurse on Apr 19, 2019

abctaiwan

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kfurse

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abctaiwan

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