World Bank data on a developing country shows per capita incomes of $4,800 for urban residents and

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World Bank data on a developing country shows per capita incomes of $4,800 for urban residents and $3,450 for rural residents.Migration from rural to urban areas has slowed the growth of urban incomes to a 3.0% average annual rate while rural per capita incomes grew 4.5% annually.If the historic growth rates continue into the future, how many years will it take for incomes to equalize?

Posted Date: May 13, 2024 03:21 AM

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World Bank data on a developing country shows per capita incomes of $4,800 for urban residents and

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