Convergence of incomes over time between emerging market countries and developed countries is most likely due to:

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Convergence of incomes over time between emerging market countries and developed countries is most likely due to:

A. total factor productivity.

B. diminishing marginal productivity of capital.

C. the exhaustion of nonrenewable resources.

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Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

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