23 Economic growth rates in follower countries Select one: O a. tend to be lower than...
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23 Economic growth rates in follower countries Select one: O a. tend to be lower than in leader countries because labor forces in follower countries are too small. O b. typically average about 2 percent per year. Oc. tend to exceed those in leader countries because followers can cheaply adopt the new technologies that leaders developed at relatively high costs. Od. will never bring real GDP per capita up to the same levels as in leader countries, even if follower growth those in leader countries. rates are greater than 23 Economic growth rates in follower countries Select one: O a. tend to be lower than in leader countries because labor forces in follower countries are too small. O b. typically average about 2 percent per year. Oc. tend to exceed those in leader countries because followers can cheaply adopt the new technologies that leaders developed at relatively high costs. Od. will never bring real GDP per capita up to the same levels as in leader countries, even if follower growth those in leader countries. rates are greater than
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Answer The answer is option c When a technology is new then the pric... View the full answer
Related Book For
Introduction To Statistics And Data Analysis
ISBN: 9781337793612
6th Edition
Authors: Roxy Peck, Chris Olsen, Tom Short
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