Final answer:
The perimeter of the race track is the distance, and the shortest distance between the start line and the finish line is the magnitude of displacement.
Step-by-step explanation:
The distance of the home straight and the radii for the arcs in the first four lanes are given. The perimeter of the race track is the distance, while the shortest distance between the start line and the finish line is the magnitude of displacement. Therefore, the statement a) True is correct.