In the following graph, each dot represents a particular country's initial level of real GDP per capita and its growth rate of real GDP per capita.

a. For the range of initial GDP per capita from 0 to Real GDP per capita2, does the figure support the economic growth model's prediction of catch-up? Briefly explain.
b. For the range of initial GDP per capita from 0 to Real GDP per capita1, does the figure support the catch-up prediction? Briefly explain.
c. For the range from initial Real GDP per capita1 to Real GDP per capita2, does the figure support the catch-up prediction? Briefly explain.

Transcribed Image Text:

Growth rate of real GDP per capita Initial level of real GDP per capita Real GDP Real GDP per capita, per capita,