Which Of The Following Is Consistent With The Catch-Up Effect?

(Correct Answer Below)

Which Of The Following Is Consistent With The Catch-Up Effect?

fect? a. The United States had a higher growth rate before 1900 than after. b. After World War II the United States had lower growth rates than war-ravaged European countries. c. Although the United States has a relatively high level of output per person, its growth rate is rather modest compared to some countries. d. All of the above are correct.
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D

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