4. The catch-up effect which statement best explains the logic behind the catchup effect? 0 New capital adds more to production in a country that doesn't have much capital, than in a countryr that already has a lot of capital. 0 Rich countries have a high proportion of capital. so the capital stock deteriorates faster than in poorer countries that don't have much capital. O Poor countries can save a higher share of their income enabling them to catch up with the income of rich countries. O Workers in countries with low incomes work more hours than workers in countries with high incomes, raising productivity