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Which of the Following Statements Is Correct

Question 54

Multiple Choice

Which of the following statements is correct?


A) Saving is high in less-developed nations because the opportunities for consumption are limited.
B) For developing nations, the annual rate of population increase is about 5 percent.
C) Most of the labor forces of developing nations are engaged in light industrial production.
D) Investment is low in developing nations, making it difficult to increase productivity and incomes.

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