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As we have seen in class, the SGM has failed

01 / 10 / 2021 Projects

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As we have seen in class, the SGM has failed

As we have seen in class, the SGM has failed with respect to the prediction that “poorercountries will eventually converge to the same income-per-capita levels of richer countries”. Using theappropriate graphs, try to explain why some countries that were poor in the ?60s still display lowerlevels of income-per-capita today.



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