As much as the human and physical capital in economy increases, there is a decrease in the marginal gain in economic growth that will diminish.
<u>Explanation:</u>
Low-income countries might have an advantage achieving greater worker productivity and economic growth in the future as their economic growth is faster than the high - income countries.
As much as the human and physical capital in economy increases, there is a decrease in the marginal gain in economic growth that will diminish. And this is called, the laws of diminishing returns.
Secondly, low - income countries find it easier in developing technologies than the high - income technologies especially countries like India and China.
High - income countries put effort in inventing new technologies, whereas low - income countries just improve and improvise their technology.
Answer:
United nations union Manager
Answer:
20 years
Explanation:
You do 2,000,000 ÷ 100,000 but you can simplify that to 20 ÷ 1 = 20
During those 20 years, the profits you earn will be 80,000 since when you do 2,000,000 x 0.04 but you can simplify that to 20,000 x 4 getting 80,000 and that quite doesn't reach 100,000 dollars
