Business, 21.04.2020 15:52 ellycleland16

The logic behind the catch-up effect is that Select one: a. new capital adds more to production in a country that doesn't have much capital than in a country that already has much capital. b. None of the choices are correct. c. the capital stock in rich countries deteriorates at a higher rate because it already has a lot of capital. d. workers in countries with low incomes will work more hours than workers in countries with high incomes.

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The logic behind the catch-up effect is that Select one: a. new capital adds more to production in a...

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