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leva [86]
2 years ago
5

The notion that developing countries can catch up or converge with developed countries is one of the key insights of a branch of

economics called?
Business
1 answer:
wariber [46]2 years ago
8 0

The Catch-up  notion that developing countries can catch up or converge with developed countries is one of the key insights of a branch of economics . According to the catch-up effect idea, which is based on the finding that less developed economies grew more quickly than wealthier nations, all economies would eventually converge in terms of per capita income.

Or, to put it another way, the less developed economies will figuratively "catch-up" to the stronger ones. The theory of convergence is another name for the catch-up effect. The Opening up their economics to free trade and building  the social capacities.

To learn more about Catch-up, click here.

brainly.com/question/14895090

#SPJ4

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Zinaida [17]

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A. The number of houses that an individual owns

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The use of normal distribution in option A would produce an error. That is the number of houses individuals own.

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3 years ago
Garnett Co. expects to purchase $90,000 of materials in July and $105,000 of materialsin August. Three-quarters of all purchases
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Given that,

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Which of the following is a positive​ statement?
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Only Statements B and C are positive statements.

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