Which statement best explains why growth in China has been so rapid recently?
A) China began with very little capital, so its marginal product of capital was very high.
B) China began with very little capital, so its marginal product of capital was very low.
C) China began with very high capital, so its marginal product of capital was very high.
D) China began with very high capital, so its marginal product of capital was very low.
Correct Answer:
Verified
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