Refer to the Table

question 42

Multiple Choice

Refer to the table.Which of the following might reduce the per capita income gap between countries A and E?

• A)faster population growth in country A than in country E
• B)greater investment relative to GDP in country E than in country A
• C)more rapid improvement in literacy and education in country A than in country E
• D)increased capital flight from country A relative to that from country E

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Definitions:

Home Mortgage

A loan provided by a lender or financial institution to purchase a house, where the property itself is used as collateral.

Wealth Taxes

Taxes levied on the total value of personal assets, including real estate, bank deposits, shares, and other forms of property.

Ad Valorem Taxes

Ad valorem taxes are taxes based on the assessed value of real estate or personal property, commonly used in property tax.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.