The industrialized group of countries has growth rates that are consistent with the findings of the economic growth model.That is,Taiwan,Korea,and Singapore had ________ incomes in 1960 than the United States and Switzerland,and Taiwan,Korea,and Singapore grew ________ than the United States and Switzerland between 1960 and 2010.
A)lower;more rapidly
B)greater;less rapidly
C)lower;less rapidly
D)greater;more rapidly

Question

Quizplus · Accepted Answer

Taiwan, Korea, and Singapore had lower incomes in 1960 compared to the United States and Switzerland, but they experienced more rapid economic growth between 1960 and 2010, consistent with the economic growth model that suggests lower-income countries can grow faster as they catch up.

The Industrialized Group of Countries Has Growth Rates That Are