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.
Correct Answer:
Verified
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