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According to Economic Growth Theory, If the Spread of Technology

Question 131

Multiple Choice

According to economic growth theory, if the spread of technology is not difficult, we would expect


A) countries with lower productivity to adopt newer technology and raise their productivity.
B) countries with high levels of income per capita to continue growing faster than countries with low incomes per capita.
C) the elimination of diminishing returns to labor.
D) an increase in the diminishing returns to capital.
E) the elimination of diminishing returns to capital.

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