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Question 22 (1 point) Does the relations hip between the ini tial level of real GDP per capita and the growth in real GDP perDoes the relationship between the initial level of real GDP per capita and the growth in real GDP per capita for The United States, Western Europe, Canada, and Japan from 1990 to 2014 support the catch-up hypothesis?

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Answer #1

Option 4. This data is unrelated to the catch-up hypothesis

Explanation: In catch-up hypothesis, we compare the growth rates of developed and developing countries. Here, all the countries are developed countries.

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