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Which of the Following Characteristics Is a Precondition for Economic

question 39

Multiple Choice

Which of the following characteristics is a precondition for economic growth?
I. economic freedom
Ii. free markets
Iii. active government policy to discourage saving


Definitions:

Reliability

Refers to the consistency of a measure or test over time.

Standard Deviations

A statistical measure that quantifies the amount of variation or dispersion of a set of data values from their mean.

Mean

The mathematical average of a set of numbers, calculated by dividing the sum of these numbers by the count of the numbers.

IQ Test

A standardized assessment designed to measure human intelligence and cognitive abilities in relation to an average population.

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