Briefly explain whether the statistics in the following table are consistent with the economic growth model's predictions

Question:

Briefly explain whether the statistics in the following table are consistent with the economic growth model's predictions of catch-up.
Real GDP per Capita, 1960 (2005 dollars) Growth in Real GDP per Capita, 1960-2011 Country 6.66% China $331 Uganda 657 1.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

Question Posted: