Question
Compare the data for the United States and Taiwan between 1970 and 1980. During this period, ____ had a higher level of real GDP per
Compare the data for the United States and Taiwan between 1970 and 1980. During this period, ____ had a higher level of real GDP per capita, while _____experienced a higher growth rate in real GDP per capita.
Answers for two blank spaces either "United States" or "Taiwan"
Convergence theory predicts that poor countries will grow more quickly than rich countries. Which one of the following is a reason for this?
1. Rich countries devote a large fraction of their GDP to helping poor countries.
2. Copying existing technologies is less expensive than developing them independently.
3. Poor countries tend to have higher birth rates than rich countries.
Those who don't believe in the theory of convergence point to countries such as ________ (Answer block, "United States, Uganda, or Taiwan . Which of the following statements can explain why the theory of convergence may not always hold? Check all that apply.
1. Many poor countries have much higher birth rates than rich countries.
2. Rich countries actively try to keep poor countries poor through economic and military policies.
3. Convergence theory applies only to small countries.
The growth experience of Taiwan illustrates that relatively poor countries can ________ (Answer block, "always be much poorer than" "grow more quickly than" "grow more slowly than" "be invaded by" rich countries. What is the primary reason for this?
1. Rich countries devote a large fraction of their GDP to helping poor countries.
2. Copying existing technologies is less expensive than developing them independently.
3. Poor countries tend to have higher birth rates than rich countries.
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