Countries That Are Technologically Backward Can Grow Faster by _____

question 64

Multiple Choice

Countries that are technologically backward can grow faster by _____.

• A)developing new technologies
• B)adopting existing technologies
• C)adopting the policy of import substitution
• D)focusing more on the agricultural sector
• E)not accepting aid from abroad

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Definitions:

Squares

Geometrical shapes with four equal sides and four right angles, or multiplications of a number by itself.

Mean Squared Error

A measure of the average squared differences between estimated and actual values, used to evaluate the accuracy of statistical models.

Exponential Smoothing

A time series forecasting method for univariate data that applies weighing factors which decrease exponentially over time.

Mean Absolute Deviation

A measure of variability that indicates the average distance between each data point and the mean of the data set.