The productivity growth rates of richer countries tend to be ____ than those of poorer countries.

Name: The productivity growth rates of richer countries tend to be ____ than those of poorer countries.
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

Quizplus · Accepted Answer

Richer countries tend to have lower productivity growth rates compared to poorer countries because they have already exploited many of the easy productivity gains, whereas poorer countries can still implement existing technologies and practices to catch up.

The Productivity Growth Rates of Richer Countries Tend to Be