SCHOOL OF BUSINESS ADMINISTRATION Jhac Ill 0 Dr. Louis Jaeck Visiting assistant professor
(7)/()
Would you expect to see higher or lower growth rates for countries that start out with a relatively high level of real GDP per capita? Explain using the concept of "catch-up" (3 marks). 8/ Explain the difference between stocks and bonds. (1 mark)

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SCHOOL OF BUSINESS ADMINISTRATION Jhac Ill 0 Dr. Louis Jaeck Visiting assistant professor

(7)/()

Would you expect to see higher or lower growth rates for countries that start out with a relatively high level of real GDP per capita? Explain using the concept of "catch-up" (3 marks). 8/ Explain the difference between stocks and bonds. (1 mark)

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