In the Long Run,catching-Up Growth

question 75

Multiple Choice

In the long run,catching-up growth:

• A) can continue indefinitely.
• B) eventually stops when the economy reaches its steady state.
• C) can explain an economy's growth in the very long run.
• D) keeps the capital stock growing indefinitely,but not output.

---

Definitions:

Microelectrode Techniques

Methods involving the use of small electrodes to measure the electrical activity of cells.

Genes

Segments of DNA located on chromosomes that encode for the synthesis of proteins, influencing traits and characteristics.

Neurogenesis

The process of generating new neurons in the brain, contributing to brain plasticity and function.

Plasticity

The brain's ability to change and adapt as a result of experience by reorganizing itself and forming new neural connections throughout life.