If economy A has a higher GDP than economy B today, you might expect economy B to grow faster than economy A if
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We would expect this to be true for all economies. |
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We would not expect this to be true for any economies. |
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We would expect this if economy A and economy B were both considered developed economies. |
Firstly let us have a brief idea that what is GDP .
GDP is the production of goods and services within the boundary of a country in a financial year.It is measured on the quarterly basis.
In the question ,it is mentioned about growth rate not the size of GDP so it can be expected by any of the economy.
For example any country x has today GDP of around 1 billion dollars which is much less than the much of the developing and developed countries and if it grows at a rate of 10% then and the country has already beaten so many developed and developing country in terms of growth rate because many of the developed and developing country is growing currently at the GDP rate from 2% to 8%.
so we can expect it for again economy.
Option A
If economy A has a higher GDP than economy B today, you might expect economy B...
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