Globally, Where Is the Greatest Concentration of High-Income Nations

question 39

Multiple Choice

Globally, where is the greatest concentration of high-income nations?

• A) the Southern Hemisphere
• B) between the Tropic of Cancer and the Tropic of Capricorn
• C) in the Pacific Southeast.
• D) the Northern Hemisphere.

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Definitions:

Consolidated Bonds Payable

The total amount of bonds owed by both a parent company and its subsidiaries as presented in consolidated financial statements.

Proposal

A plan or suggestion put forward for consideration or discussion, especially in a business or formal context.

Coattail Provision

A feature in shareholders' agreements that obliges minority shareholders to join in the sale of a company if the majority shareholders agree to sell their shares.

Restricted Shares

Shares of stock that are granted to an employee but come with restrictions on sale and transfer until certain conditions are met.