Assuming Constant Returns to Scale, If Two Countries Are Otherwise

question 95

True/False

Assuming constant returns to scale, if two countries are otherwise the same, the one that is poorer grows faster.

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Definitions:

Social Dominance Orientation

is an attitude characterized by a preference for hierarchy within societies and the domination of lower-status groups by higher-status groups.

Social Order

The organized pattern of social relationships and social institutions that together compose society.

Place

A particular position, point, or area in space; a location.

System Justification Theory

A social psychological theory that proposes people are motivated to defend and justify the existing social, economic, and political arrangements.