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Which of the Following Statements Is True

question 73

Multiple Choice

Which of the following statements is true?
I. Small differences in rates of economic growth can lead to large differences in levels of potential output over time.
II. From the perspective of the rule of 72, small differences in rates of economic growth between two countries will not significantly affect their respective standards of living.
III. Countries that have higher population growth rates are likely to see higher economic growth rates because increases in population lead to increases in the size of the labor force.


Definitions:

Smoking Cessation

The process of discontinuing tobacco smoking, which can significantly reduce the risk of developing smoking-related diseases.

Implementation Intentions

A self-regulatory strategy focusing on planning specific actions to achieve goals or change behaviors by forming if-then plans.

Health Behavior

Actions individuals take that affect their health, including lifestyle choices, diet, exercise, and adherence to medical advice.

Perceived Behavioral Control

A person's confidence in their ability to carry out actions required to achieve certain outcomes.

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