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.

---

Definitions:

Cohesiveness

The quality of forming a united whole, often used to describe the level of solidarity and togetherness among members of a group or team.

Agreement-At-Any-Cost

A situation or mindset where reaching an agreement is prioritized over the content or quality of the deal, often at the expense of one's own interests or principles.

Groupthink

A mental effect experienced by a group, where the longing for agreement or compliance leads to illogical or ineffective decisions.

Illusion of Popularity

A perception phenomenon where individuals overestimate the extent to which they are liked or accepted by others.