Q
Once a country is wealthy ?
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A
A. It no longer needs any human capital
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B
B. Capital becomes more productive due to the “catch-up- effect”
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C
C. None of these answers
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D
D. It may be harder for it to grow quickly because of the diminishing returns to capital
Correct Answer:
D. D. It may be harder for it to grow quickly because of the diminishing returns to capital
