The Logic Behind the Catch-Up Effect Is That

Multiple Choice

The logic behind the catch-up effect is that

A) workers in countries with low incomes will work more hours than workers in countries with high incomes.
B) the capital stock in rich countries deteriorates at a higher rate because it already has a lot of capital.
C) new capital adds more to production in a country that doesn't have much capital than in a country that already has much capital.
D) None of the above is correct.