Which of the following about economic growth is true? a - The fastest growing economies in the world (those with annual real growth rates of 3.5 percent or more) are mostly less developed countries. b - The fastest growing economies in the world are mostly high-income industrial countries. C - The slowest growing countries in the world, many of which are experiencing declines in per capita GDP, are less developed countries. d-Both a and c are true,

Question

Slick

Business

22 January, 16:31

Which of the following about economic growth is true? a - The fastest growing economies in the world (those with annual real growth rates of 3.5 percent or more) are mostly less developed countries. b - The fastest growing economies in the world are mostly high-income industrial countries. C - The slowest growing countries in the world, many of which are experiencing declines in per capita GDP, are less developed countries. d-Both a and c are true,

+3

Answers (1)

Know the Answer?

Alexander Simon · Answer 1

d-Both a and c are true

Explanation:

Less developed countries in the world show both diverting behaviors. The fastest-growing economies in the world (above annual growth of 3.5%) are mostly less developed countries as China, India, and Panama. It is also true C, where the slowest growing economies in the world experiencing declines in per capita GDP are less developed countries too, like Venezuela and Siria