3184EconomicsMedium
Once a country is wealthy?
Anone of these answers
Bcapital becomes more productive due to the “catch-up- effect”
Cit may be harder for it to grow quickly because of the diminishing returns to capital
Dit no longer needs any human capital
Correct answer
C. it may be harder for it to grow quickly because of the diminishing returns to capital
Explanation
The correct answer is it may be harder for it to grow quickly because of the diminishing returns to capital.