Which of the Following Statements Is FALSE

question 326

Multiple Choice

Which of the following statements is FALSE?

• A)Saving helps create economic growth.
• B)Improvements in quality of education are important for economic growth.
• C)Free international trade helps create economic growth.
• D)Faster population growth is the key to growth in real GDP per person.
• E)Economic freedom requires property rights.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values differ from the mean.

Average Donation

The mean amount given by donors, calculated by dividing the total amount of donations by the number of donors.

Dispersed Distribution

Refers to how spread out or scattered the data points are within a distribution.

Weighted Mean

An average in which each quantity to be averaged is assigned a weight, reflecting its importance or frequency.