Author Question: According to this Application, China's growth rate was faster than India's during this 26 year ... (Read 164 times)

ashley · **on:** Jun 30, 2018

According to this Application, China's growth rate was faster than India's during this 26 year period because

A) China received more contributions from human capital than India received.
B) China's growth was based more on human capital and India's growth was based more on physical capital.
C) China's growth was based more on human capital and India's growth was based more on technological progress.
D) China invested more in physical capital than India invested.

Question 2

According to this Application, based on the analysis of the sources of growth in China and India, and assuming that nothing changes, it can be concluded that

A) there is convergence between the nations in Asia.
B) China's reliance on technology for economic growth makes it less likely to keep pace with the growth rate in India.
C) India's long-term growth prospects are not as strong those for China.
D) the growth rate in China should significantly slow down in the near future, but the growth rate in India will continue to rapidly increase in the near and distant future.