Question: Other things equal, how do relatively poor countries tend to grow? a . They grow faster than relatively rich countries; this is called the catch
Other things equal, how do relatively poor countries tend to grow?
a They grow faster than relatively rich countries; this is called the catchup effect.
b They grow faster than relatively rich countries; this is called the diluting capital effect.
C They grow slower than relatively rich countries; this is called the poverty trap effect.
C They grow slower than relatively rich countries; this is called the savings effect.
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