Economic growth rates in follower countries:
A. tend to be lower than in leader countries because labor forces in follower countries are too small.
B. tend to exceed those in leader countries because followers can cheaply adopt the new technologies that leaders developed at relatively high costs.
C. will never bring real GDP per capita up to the same levels as in leader countries, even if follower growth rates are greater than those in leader countries.
D. typically average about 2 percent per year.

Respuesta :

Answer:

The correct answer is option B.

Explanation:

The rate of economic growth tends to be greater in the follower or developing countries as compared to the leader or developed countries.

A major reason behind this is that the leader countries develop new technologies at a high cost. While follower countries are able to adopt these technologies at a cheaper rate.

Answer:C

Explanation: