Multiple Choice
Why might a country experience a higher growth rate after a war? I. With a depleted, or destroyed, capital stock, any new capital would contribute greatly to growth. II. Capital accumulation always causes higher growth rates. III. A winning country may see its exports surge as it helps others rebuild leading to a higher growth rate.
A) I only
B) II and III only
C) I and III only
D) I, II, and III
Correct Answer:
Verified
Correct Answer:
Verified
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