The economic growth model predicts that ▼ rich countries poor countries will grow faster than ▼ rich countries poor countries . which of the following best explains what is actually happening to real per capita gdps of countries?
a. most countries now have similar real per capita gdp levels.
b. lower-income countries have not caught up to higher-income countries at all.
c. poor countries are generally catching up with rich countries.
d. lower-income industrial countries are catching up with higher-income industrial countries.

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.