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Which of the following statements is false? O Rajan and Zingales find that industries that rely more on external finance tend to grow more rapidly

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Which of the following statements is false? O Rajan and Zingales find that industries that rely more on external finance tend to grow more rapidly in countries that are more financially developed. O Rajan and Zingales argue that countries vary in their financial development and industries vary in their reliance on external finance. O Rajan and Zingales do not show that more developed credit markets lead to faster economic growth. O None of the above

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