2012EconomicsMedium
The growth rates of economies tend to converge because ________ is easier when capital per worker is low and because of?
Acapital-widening technical innovation
Bcapital-widening Catch-up in technology
Ccapital-deepening, catch-up in technology
Dcapital-deepening technical innovation
Correct answer
C. capital-deepening, catch-up in technology
Explanation
The correct answer is capital-deepening, catch-up in technology.