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Absolute convergence in macroeconomic analysis refers to the hypothesis that poorer economies will eventually catch up with richer ones in terms of per capita income, provided they share similar structural characteristics and access to technology. The idea is that countries with lower initial capital per worker experience higher marginal returns to capital, leading to faster growth compared to wealthier economies. This _____ ________ ____ _________ ____ _____ ______ ___ _____ ____ _____.
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