Which statement is true regarding the growth rate of emerging and advanced economies compared to developed economies?

The correct statement is that emerging and advanced economies grew less than developed economies. This is true as developed economies tend to have established markets and infrastructure, resulting in higher growth rates due to the stability and maturity of their industries. In contrast, while emerging economies often show rapid growth attributed to development and industrialization, this growth is generally measured against a much smaller base, leading to fluctuations and periods of slower growth relative to the established pace of developed nations.

Emerging economies may occasionally showcase impressive growth figures, but when averaged out or considered over a complete economic cycle, they often do not surpass the growth rates of mature economies, particularly in stable conditions. This context explains why emerging and advanced economies do not consistently exceed or sustain growth rates higher than those of developed economies.