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Which of the following options may correspond to the Middle-income Trap definition: Select one or more: a.Deviation from the growth path. b.GDP per capita grows
Which of the following options may correspond to the Middle-income Trap definition:
Select one or more:
a.Deviation from the growth path.
b.GDP per capita grows less than 2%.
c.Economies grow less rapidly than higher or low-income regions.
d.Countries stay in the middle-income stage longer than the average.
e.High volatility of GDP per capita.
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