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Home Q & A Board Other Fields Homework Help Business Economics
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Imbajade Imbajade
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5 years ago
Consider two countries, Alpha and Beta.  In Alpha, real GDP per capita is $6,000.  In Beta, real GDP per capita is $9,000.  Based on the economic growth model, what would you predict about the growth rates in real GDP per capita across these two countries?
A) The growth rate of real GDP per capita will be lower in Alpha than it is in Beta.
B) The growth rate of real GDP per capita will be higher in Alpha than it is in Beta.
C) The growth rate of real GDP per capita in Alpha and Beta will be the same.
D) The economic growth model makes no predictions regarding differences in growth rates of real GDP per capita across the two countries.
Textbook 
InMacro

InMacro


Edition: 1st
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gadryden2gadryden2
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#1
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5 years ago
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Imbajade Author
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5 years ago
Thanks
halyna
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Yesterday
Good timing, thanks!
nadiia
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2 hours ago
Helped a lot
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