Which of the Following Is a True Statement

question 111

Multiple Choice

Which of the following is a true statement?

• A) Direct foreign investment to DVCs is increasingly provided by commercial banks.
• B) Direct foreign investment to DVCs has dwindled to near zero in recent years.
• C) Approximately 5 percent of the GDP of IACs goes to foreign aid.
• D) Foreign aid from the IACs to the DVCs has greatly expanded in the past several years.

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Definitions:

Financial Decisions

Decisions made by individuals or companies relating to managing money, including investment choices, budgeting, borrowing, and saving.

Overconfidence

A cognitive bias where an individual's subjective confidence in their judgments is reliably greater than their objective accuracy.

Reasoning Errors

Mistakes or logical flaws in the process of drawing conclusions or making decisions.

Financial Decisions

Choices made by individuals or businesses regarding the management of money and assets.