Recent Posts • Latest Topics • Unanswered Questions

Initially Country A has a greater GDP per capita than Country B, but the growth rate in Country A is ...

brettlaw

wrote...

Go to Answer

Posts: 141

Rep:

A year ago

Initially Country A has a greater GDP per capita than Country B, but the growth rate in Country A is ...

Initially Country A has a greater GDP per capita than Country B, but the growth rate in Country A is only 1 percent, while it is 2 percent in Country B. If these growth rates continue forever, which of the following is correct?

▸ Country B will not be able to sustain such a high growth rate.

▸ The GDP per capita in Country B will eventually overtake that of Country A.

▸ Country A will always have a higher GDP per capita than Country B.

▸ The GDP per capita in Country B will eventually catch up to, but not overtake, that of Country A.

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 44 times

1 Reply

Report

Replies

Answer verified by a subject expert

Dratini

wrote...

Posts: 151

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

brettlaw Author

wrote...

A year ago

Brilliant ツ

gmiannotti

wrote...

Yesterday

Correct

terriroberts96

wrote...

2 hours ago

You make an excellent tutor!

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1363 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

11782

724

253

Your Opinion

Previous poll results: Who's your favorite biologist?

Strange Ingredients Lurking in Doritos Chips

Courses by Biology Forums

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.