Which One of the Following Is TRUE

question 51

Multiple Choice

Which one of the following is TRUE?

• A) For every country that experiences an increase in its growth rate, there must be another experiencing a decline.
• B) Small changes in the annual growth rate amount to a measurable difference in the long-term growth trend of a country.
• C) Restricting imports will enhance a country's economic growth.
• D) A well-defined system of property rights benefits only the wealthy, and consequently it produces income inequality that will stifle economic growth.

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Definitions:

Ambiguity

Ambiguity refers to the presence of uncertainty or the ability of something to have multiple interpretations or meanings.

Self-Awareness

The awareness of an individual's own personality, emotions, motivations, and wishes.

Overconfidence

A cognitive bias where an individual's subjective confidence in their judgments is greater than their objective accuracy.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, embracing differences in values, traditions, beliefs, and lifestyles.