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Nations with low levels of GDP per capita may converge to richer nations if

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Nations with low levels of GDP per capita may converge to richer nations if

Nations with low levels of GDP per capita may converge to richer nations if
A) nations with high levels of income experience a continuously increasing growth rate.
B) nations with lower levels of income spend less on investment.
C) nations with lower levels of income grow more slowly than those with higher levels of income.
D) nations with lower levels of income grow more quickly than those with higher levels of income.

Textbook

Survey of Economics: Principles, Applications and Tools

Edition: 6^th

Authors: O'Sullivan, Sheffrin, Perez

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