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Based on Mankiw Romer and Weil (1992) with conditional convergence holding fertility rates, education and government spending as a share of GDP constant ?

A. income per capita is the same regardless of poor or rich countries

B. income per capita in poor countries grows faster than in rich countries

C. income per capita in rich countries grows faster than in poor countries

D. income per capita in poor countries grows conditional upon foreign aid

Related Questions on Economic Development in Historical Perspective Mcqs

ASEAN refers to the ?

A. Association of South East Argo Nations

B. Association of South East Asian Nations

C. Alliance of South East Asian Neighbors

D. Alliance of South Eastern African Nations