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.

Real GDP per Capita, 1960 (2005 U.S. dollars) Growth in Real GDP per Capita, 1960–2014 Country $427 4.51% Botswana Uga

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Related Book For  answer-question

Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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