"Leapfrogging" Refers to

question 20

Multiple Choice

"Leapfrogging" refers to

• A)the typical irregular pattern of growth: rapid in some decades, and almost non-existent in others.
• B)the tendency for a country's output per capita to catch up to, and then exceed, that of another country.
• C)"one-upsmanship" by politicians who use growth statistics to help win elections.
• D)the increased likelihood that a country with very high growth will have a recession, during which some other country will have the highest growth rate.
• E) the interchangeability of capital and labor in the aggregate production function.

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Ethical Issue

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