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Which of the Following About Economic Growth Is True

Question 52

Multiple Choice

Which of the following about economic growth is true?


A) The developed nations are growing rapidly and the less-developed nations are stagnating.
B) Most of the countries that have achieved the highest growth rates in the world during the last quarter of a century were classified as LDCs in 1980.
C) It is an oversimplification to divide the world into the growing, developed nations and the stagnating, less-developed nations.
D) Both b and c are true.
E) All of the above are true.

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