The neoclassical model predicts that nations that are initially poor should have
A) slower growth rates than nations that are rich.
B) faster growth rates than nations that are rich.
C) growth rates equal to those of nations that are rich.
D) negative growth rates.
B
Economics
You might also like to view...
Refer to the production possibilities frontier in the figure above. Which production point is unattainable?
A) point a B) point b C) point c D) point e
Economics
Which of the following is definitely NOT an example of a natural monopoly?
A) local water distribution companies B) urban rail services C) local electric power and gas distribution companies D) urban retail stores
Economics