The Percentage of the World's Population That Is Poor, Defined

question 184

Multiple Choice

The percentage of the world's population that is poor, defined by the $2 per day threshold, is about:

• A) 10%.
• B) 15%.
• C) 20%.
• D) 30%.

---

Definitions:

Rational Investor

An individual who makes investment decisions based on logical analysis, aiming to maximize returns while minimizing risks.

Interest Rate

The fraction of a loan that is charged to the borrower in the form of interest, typically described as an annual percentage of the loan's remaining principle.

Asset

An item of value owned by a person or corporation, expected to provide future benefits or returns.

Geometric Series

A sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.