Question: Consider the information forthe three countries in the table below. Country Income per capita ($) Real per capita GDP growth rate (%) Ansonia 5,000 7.0

Consider the information forthe three countries in the table below.

Country Income per capita ($) Real per capita GDP growth rate (%)

Ansonia 5,000 7.0

Trumbull 7,500 4.5

Shelton 10,000 2.0

These countries

  • will
  • will not

converge to the same level of economic development given enough time.

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