Which of the following is consistent with the catch-up effect? A. The United Sta

Question

Which of the following is consistent with the catch-up effect? A.  The United States had a lower growth rate before 1900 than after. B.  After World War II, Canada had lower growth rates than war-ravaged European countries. C.  Japan has a higher growth rate than Germany. D.  Although Canada has a relatively high level of output per person, its growth rate is still high compared to some poorer countries, such as Pakistan. Which of the following is consistent with the catch-up effect? A.  The United States had a lower growth rate before 1900 than after. B.  After World War II, Canada had lower growth rates than war-ravaged European countries. C.  Japan has a higher growth rate than Germany. D.  Although Canada has a relatively high level of output per person, its growth rate is still high compared to some poorer countries, such as Pakistan.

Explanation / Answer

Answer- C - Japan has a higher growth rate than Germany.

Reason- Japan being a poor country than Germany but still Japan growth rate is better than Germany.

Catch up effect means that poor income per capita will grow more faster than richer economy.

Japan grew better because Japan were poor economy than Germany.

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