Economic Growth Theory Predicts That Poor Countries Will

question 147

Multiple Choice

Economic growth theory predicts that poor countries will

• A)never be able to catch up with rich countries.
• B)not be able to catch up with rich countries because rich countries will always have a higher growth potential than poor countries.
• C)be able to catch up with rich countries because the existing level of low productivity in poor countries attracts investment.
• D)never be able to catch up with rich countries because the existing level of low productivity in poor countries deters investment.
• E)be able to catch up with rich countries because rich countries will run out of investment opportunities and will be forced to rely on investment opportunities in the poor countries.

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