2. Explain how the absolute per capita income gap between rich and poor nations might increase, even

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2. Explain how the absolute per capita income gap between rich and poor nations might increase, even though per capita income

(or output) is growing faster in DVCs than in IACs.

LO42.1

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Economics

ISBN: 9781259723223

21st Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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