Regarding economic growth, which of the following is true?
A) In recent decades, the rich countries of the world have consistently grown more rapidly than poor countries.
B) No LDC was able to achieve a more rapid growth rate than the United States during the 1980 through 2005 period.
C) During recent decades, most LDCs have stagnated economically.
D) During 1980 through 2005, the fastest growing countries in the world were mostly LDCs.
Correct Answer:
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