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Which of the Following Statements Is True of Economic Growth

Question 27

Multiple Choice

Which of the following statements is true of economic growth?


A) Compared to countries with extractive institutions, economic growth in countries with inclusive institutions is more likely to stagnate in the long run.
B) Countries with extractive institutions are likely to grow at the same rate as countries with inclusive institutions.
C) Countries with extractive institutions are likely to grow faster than countries with inclusive institutions.
D) Countries with inclusive institutions are likely to grow faster than countries with extractive institutions.

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