Conditional convergence refers to the tendency for:
A. poorer countries to grow faster than richer countries given similar steady-state capital stocks, but the poor countries will never catch up with the rich countries.
B. richer countries to grow faster than poorer countries given similar steady-state capital stocks, so the poor countries never catch up with the rich countries.
C. poorer countries to grow faster than richer countries, but only if they receive sufficient foreign investment.
D. countries with similar steady-state levels of output to grow faster when they're poor than when they're rich until their per capita GDP levels converge.
Answer: D. countries with similar steady-state levels of output to grow faster when they're poor than when they're rich until their per capita GDP levels converge.
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