The neo-classical approach to economic growth makes a prediction that poor countries will actually grow faster than ____ ones and will eventually _______ in terms of their GDP per capita.
A)big; break down
B)small; break through
C)rich; catch up
D)developed; give up

Question

Quizplus · Accepted Answer

The neo-classical approach predicts that poorer countries will grow faster than richer countries because they have more room for improvement and can adopt technology more easily. Eventually, they will catch up in terms of GDP per capita.

The Neo-Classical Approach to Economic Growth Makes a Prediction That