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A. it is doomed to being relatively poor forever
B. none of these answers
C. an increase in capital will likely have little impact on output
D. it has the potential to grow relatively quickly due to the “catch-up-effect”
E. It must be a small nation.

Correct Answer: D. it has the potential to grow relatively quickly due to the “catch-up-effect”

Last Updated: June 11, 2019