Question

Which of the following is correct?

Answer 1

Answer:

N. Most countries have had little fluctuation around their average growth rates during the past 120 years.

Explanation:

" Both measures reveal the same thing: between 1960 and the late-1990s, there was a widening of the world income distribution, at least when each country is a unit of observation. In the last decade or so, this pattern seems to have stabilized"

Reference: Jones, C. I. (2016). The facts of economic growth. In Handbook of macroeconomics (Vol. 2, pp. 3-69). Elsevier. p. 37