Convergencea explain the differences among absolute, Ask an Expert

Economics

Convergence

a. Explain the differences among absolute convergence, conditional convergence, and a reduction in the dispersion of real per capita income across groups.

b. Under what circumstances does absolute convergence imply a decline in the dispersion of per capita income?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91923018

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