please answer the following with true or false

An emerging economy that becomes an advanced economy and ultimately increases the living standard has gone through a process of economic development. TRUE OR FALSE

Gross Domestic Product (GDP) is not considered a factor in economic development due to the fluctuation of purchasing power. TRUE OR FALSE

Deregulation and privatization are both needed to create economic freedom. TRUE OR FALSE

A company that seeks to expand its operations internationally is most likely to quantify the scale of economic growth (in that foreign country) before making a decision. TRUE OR FALSE

Social and political unrest are important factors when expanding a business but they are not a part of market attractiveness. TRUE OR FALSE

.** please give me the correct answer with explanation and conclusion (mandatory).