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Economic Growth Theory Predicts That Poor Countries Will Catch Up

Question 13

Multiple Choice

Economic growth theory predicts that poor countries will catch up with rich countries because


A) productivity has tended to grow faster in the poor countries over time than in the rich countries.
B) the higher level of capital per worker in poor countries will attract more investment funds.
C) the higher level of capital per worker in rich countries will attract fewer investment funds.
D) the higher level of productivity in poor countries will attract more investment funds.
E) the higher level of productivity in rich countries will attract more investment funds.

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