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13. In words, what does conditional convergence say? a) Countries that are initi

ID: 1164931 • Letter: 1

Question

13. In words, what does conditional convergence say? a) Countries that are initially richer subsequently grow more slowly b) Countries that are initially richer subsequently grow more quickly c) Countries whose actual income exceeds their Solow model-predicted income grow more slowly. Countries whose actual income exceeds their Solow model-predicted income grow more quickly d) Answer: 14. Which of the following is a strength of natural experiments, as compared to RCTs? a) They are more likely to establish internal validity than RCTs. b) They show causality, whereas RCTs do not. c) They are cheaper d) They are easier to arrange, for example when researchers develop new hypotheses. Answer: 15. Which theory of high fertility in poor countries lacks good evidence? a) The theory that women have many children because the opportunity cost of their time is low b) The theory that children are desirable in poor countries because they provide a risky retirement plan c) The theory that culture and the media affect women's fertility. d) The theory that women in poor countries are trading off low quality of children for high quantity of children. Answer: 16. Which of the following health interventions do rich countries get right but poor countries get wrong? a) They prescribe multiple medications per doctor's visit. b) They consume the right number of calories. c) They keep doctor's visits short and efficient. d) They provide systems to make many health decisions automatic. Answer:

Explanation / Answer

13. The correct answer is: c)

Reason: as per solow model, all countries will eventually reach their staedy state equilibrium and the countries that are very near to their steady state, grow very slowly.

P.S.: As per Chegg's policy, if nothing is mentioned, then only the first four questions are to be answered.

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