Governments in Both Core and Periphery Often Create Wealth by Focusing

question 4

Multiple Choice

Governments in both core and periphery often create wealth by focusing well paid government jobs ________________

• A) in the capital city.
• B) in underdeveloped areas.
• C) in port cities.
• D) offshore in third world countries.

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Definitions:

Service Business

An enterprise offering non-physical goods or services to its clientele.

Merchandising Income Statement

A financial statement detailing the gross profit, expenses, and net profit or loss of a retail or wholesale business.

Administrative Expenses

Overheads and general expenses related to the day-to-day management and operation of a business, excluding production and direct costs.

Operating Income

The profit realized from a business's core operations, excluding revenue from investments and costs such as interest expenses and taxes.