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In the context of economic convergence, what does catch-up growth imply? Question 15 Answer a. Advanced economies are slowing down to match the growth rates
In the context of economic convergence, what does "catch-up growth" imply? Question 15 Answer a. Advanced economies are slowing down to match the growth rates of developing economies. b. Advanced economies are slowing down to match the growth rates of developing economies. c. Developing economies are accelerating their growth to reach the levels of advanced economies. d. Stagnation in both developed and developing economies.Economic decline in all regions
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