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(Convergence) Explain the convergence theory. Under what circumstances is convergence unlikely to occur?

(Convergence) Explain the convergence theory. Under what circumstances is convergence unlikely to occur?
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ECONOMICS

MT445 / MT 445
Managerial Economics
Kaplan University (KU Campus)

William A. McEachern
Economics: A Contemporary Introduction, 8e
Hoboken, NJ: John Wiley & Sons.

Unit 8: Introduction to Macroeconomics, Productivity and Growth

Unit 8 Project
Chapter 20 – question 12, page 459
12. (Convergence) Explain the convergence theory. Under what circumstances is convergence unlikely to occur?

 

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