Which of the Following Is Indicated by the Data on Real

question 310

Multiple Choice

Which of the following is indicated by the data on real income per person for various countries over the past 100 or so years?

• A)If, in a relatively poor country, real income per person had grown by 3.5 percent per year for the last 100 years, it would be a relatively rich country today.
• B)Rich countries became richer and poor countries became poorer.
• C)In the United States, real income per person today is about four times as high as it was 100 years ago.
• D)All of the above are correct.

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Definitions:

Scienter

In legal contexts, scienter is the knowledge or intent to deceive, defraud, or violate statutes or regulations.

Representations

Statements or assertions made by one party to another, often regarding the condition or status of something, which can impact agreements or contracts.

Innocent Misrepresentation

A misrepresentation made without fault or knowledge of its falsity, which may allow the misled party to void the contract but not claim damages.

Intentionally Deceptive

Deliberately misleading actions or statements designed to make someone believe something that is not true.