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Choose the correct response

i$)$ China is a theocratic country

ii$)$ In North America we have what can be called perfect competition in most industries

iii$)$ Democracies are very fast at decision making compared to other forms of governments

a$.$ Only two of the above are true

b$.$ All of the above are true

c$.$ All of the above are false

d$.$ only one of the above is true