If country B has a higher level of productivity than country A, we would predict country B's future rate of growth to be less than country A's.

Name: If country B has a higher level of productivity than country A, we would predict country B's future rate of growth to be less than country A's.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

Higher productivity often means that a country is closer to its production frontier, leaving less room for rapid growth compared to a less productive country that can grow faster by catching up.

If Country B Has a Higher Level of Productivity Than