Multiple Choice
Which of the following about economic growth is true?
A) The rich countries are consistently getting richer, while the poor countries are getting poorer.
B) No LDC was able to achieve a more rapid growth rate than the United States during the 1980 through 2014 period.
C) The growth picture of LDCs is clearly one of diversity; some LDCs are growing rapidly, while others continue to stagnate.
D) The fastest growing countries in the world are all high-income industrial economies.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: How do growth rates vary across countries?
Q41: In a majority-rules democracy, economic thinking suggests
Q42: During 1980-2013, the developing countries that moved
Q43: The economic freedom of the world data
Q45: According to the Economic Freedom of the
Q47: Countries that have a higher degree of
Q48: Which of the following would be most
Q48: Which of the following is true of
Q49: Which of the following is true?<br>A) economic
Q72: High income countries with larger governments as