Multiple Choice
Which of the following statements is not correct?
A) The catch-up effect is based on the assumption of diminishing returns to capital.
B) Investment in poor countries by citizens of rich countries is one way poor countries can learn new technologies.
C) Malthus argued that charity and government aid was an effective way to reduce poverty.
D) Peace and justice are keys to growth.
Correct Answer:
Verified
Correct Answer:
Verified
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