Other Things Equal,how Do Relatively Poor Countries Tend to Grow

question 175

Multiple Choice

Other things equal,how do relatively poor countries tend to grow?

• A) They grow slower than relatively rich countries; this is called the poverty trap.
• B) They grow slower than relatively rich countries; this is called the Malthus effect.
• C) They grow faster than relatively rich countries; this is called the catch-up effect.
• D) They grow faster than relatively rich countries; this is called the constant-returns-to-scale effect.

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Definitions:

Codicil

The document by which a testator changes his or her will.

Right To Die

A person’s right to place limits on other people’s efforts to prolong her or his life.

Valid Codicil

A document that amends, rather than replaces, a previously executed will, requiring the same legal formalities as the original will for validity.

Undue Influence

An improper use of power or trust in a way that deprives a person of free will and substitutes another's objective.