An Age Pyramid with a Broad Base That Quickly Slopes

question 57

Multiple Choice

An age pyramid with a broad base that quickly slopes up to a narrow top would be indicative of ________.

• A)an industrialized nation
• B)a developing nation
• C)a population with a high average age
• D)a population with a high survivorship of older adults

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Definitions:

Note Receivable

A written promise to pay a specified amount, usually interest-bearing, that is recognized as an asset on the lender's balance sheet.

Promissory Notes

Written promises to pay a specified sum of money to a certain person or entity at a defined time or on demand.

Legal Claim

A demand for compensation, payment, or property by a person or entity asserting a right against another in a court of law.

Note Receivable

A financial asset representing a written promise to receive a specific amount of money, plus interest, at a future date.