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Unformatted text preview: 4. Based on your understanding, are incomes of countries converging or diverging? Do you think that this is really happening in the real world? 5. What, according to Lucas, will happen to income inequality in 2100? 6. What do you think are some problems faced by developing nations that might hinder their economic growth? 7. What are some of the highlights of the “spillover” model as described in page 164?...
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This document was uploaded on 10/28/2011 for the course ECON 420 at UNC.
- Fall '08