The 2003 Iraqi War Destroyed Large Amounts of Capital

Multiple Choice

The 2003 Iraqi war destroyed large amounts of capital. Later, insurgent activity continued to destroy capital and created instability in the government. Today, hostilities have waned and the government has become more stable. According to the Solow growth model, over the next few years we would expect to see growth rates in Iraq to be _____ those of high-income countries with similar institutions followed by growth rates that are _______ the growth rates in those countries.

A) higher than; much higher than
B) lower than; about the same as
C) higher than; about the same as
D) about the same as; lower than