Question: QUESTION 9 1 points Save Answer According to our model, how do poor countries tend to grow, relative to rich countries? a. They grow slower


QUESTION 9 1 points Save Answer According to our model, how do poor countries tend to grow, relative to rich countries? a. They grow slower than relatively rich countries; this is called the poverty trap effect. b. They grow slower than relatively rich countries; this is called the savings effect. .C. They grow faster than relatively rich countries; this is called the catch-up effect. Od. They grow faster than relatively rich countries; this is called the diluting capital effect. Oe. All of the above is true QUESTION 10 1 points Save Answer According to the standard view of the production process, how does output per worker change when capital per worker increases? a. It increases. This increase is smaller at larger values of capital per worker. O b. It decreases. This decrease is larger at larger values of capital per worker. C. It increases. This increase is the same at all values of capital per worker. Od. It increases. This increase is larger at larger values of capital per worker
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