The Catch-Up Effect Refers to the Idea That

question 181

Multiple Choice

The catch-up effect refers to the idea that

• A)saving will always catch-up with investment spending.
• B)it is easier for a country to grow fast and so catch-up if it starts out relatively poor.
• C)population eventually catches-up with increased output.
• D)if investment spending is low, increased saving will help investment to "catch-up."

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Definitions:

Advertisement

A form of communication intended to persuade an audience to purchase or take some action upon products, ideas, or services.

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Businesses offering services for the transportation of passengers and goods via aircraft.

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A plan that outlines specific times at which certain tasks or activities are to be undertaken.