Why do developed countries experience a degree of convergence over time? Would you expect there to be

Question:

Why do developed countries experience a degree of convergence over time? Would you expect there to be total convergence of GDP per head?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 978-0273721307

7th edition

Authors: John Sloman, Alison Wride

Question Posted: