Question

Some southeastern countries in Asia are, on average, poorer than northern Asian countries like Japan and South Korea. But they have higher growth rates of real GDP per capita, on average, than northern countries. These facts:

A. do not allow us to determine whether conditional convergence is occurring because we do not know all of the other parameters that characterize southeastern and northern countries.

B. allow us to conclude that conditional convergence is occurring.

C. allow us to conclude that unconditional convergence is occurring.

D. do not allow us to determine whether conditional convergence is occurring because we do not know the actual growth rates of the southeastern and northern countries.

To be more certain of our conclusion, it would be useful to have comparisons related to:

Instructions: You may select more than one answer. Click the box with a check mark for correct answers, and click to empty the box for the wrong answers.

1. the levels of education.

2. the population.

3. the levels of technology.

4. the savings rates.

5. the geographic size.

Answer 1

Answer:- Some southeastern countries in Asia are, on average, poorer than northern Asian countries like Japan and South Korea. But they have higher growth rates of real GDP per capita, on average, than northern countries. These facts:

Correct option:- A. do not allow us to determine whether conditional convergence is occurring because we do not know all of the other parameters that characterize southeastern and northern countries.

Answer:- To be more certain of our conclusion, it would be useful to have comparisons related to:

Correct Answer:-

1. the levels of education.

3. the levels of technology.

4. the savings rates

Reason:- (economically developed countries tend to have higher level of education, sophisticated technology, and greater savings)