Briefly explain whether the statistics in the following table are consistent with the economic growth models predictions
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Briefly explain whether the statistics in the following table are consistent with the economic growth model’s predictions of catch-up.
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Real GDP per Capita, 1960 (2005 U.S. dollars) Growth in Real GDP per Capita, 1960–2014 Country $427 4.51% Botswana Uganda 800 1.55 Madagascar 1,281 -0.06 3.81 Ireland 6,484 United States 17,600 2.04
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