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Modern economic growth has caused O A
Modern economic growth has caused O A. substantial inflation in domestic economies. B. a divergence in living standards between rich and poor countries. C. per-capita GDP growth in developing nations that has exceeded other countries like Japan and the United States. D. substantial increases in the quality of life in nations like North Korea and Burundi.
Expert Solution
The correct option is option B. a divergence in living standards between rich and poor countries.
This fact can be explained by the difference in standard of living of developed countries like , USA, and underdeveloped countries like Burundi . The other options generally address to normal economic growth hence not applicable for modern economic growth
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