Question
If high growth rates in a country are not a result of technological progress, how are growth rates in the country expected to change over
If high growth rates in a country are not a result of technological progress, how are growth rates in the country expected to change over time?
A) Without technological progress, the high growth rates cannot be sustained.
B) Agricultural workers will continue to expand their productivity, thereby allowing the country to achieve growth rates above those of higher-income countries.
C) As long as the amount of capital per worker continues to expand, the growth rate will continue to rise at an increasing rate.
D) As long as property rights are secured, the growth rate will continue to rise, despite a lack of technological progress.
E) As long as the labor force participation rate is rising, growth can still continue, despite a lack of technological progress.
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