The Difference, in Terms of Economic Goals, Between Developing Countries

question 27

Multiple Choice

The difference, in terms of economic goals, between developing countries and developed countries is that:

• A)developing countries focus primarily on achieving an equitable distribution of income, while developed countries focus on higher economic growth rates.
• B)developing countries focus primarily on achieving economic stability, while developed countries focus on an acceptable growth rate.
• C)developing countries focus primarily on meeting basic needs, while developed countries focus on economic stability.
• D)there are no differences between the economic goals of developing and developed countries.

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Definitions:

Decision Tree Analysis

A graphical technique used for decision-making and risk management, representing different courses of action and their possible outcomes.

Cost Of Capital

The cost of capital represents the required return necessary to make a capital budgeting project, such as building a new factory, worthwhile.

Pure Play

A company that focuses exclusively on a single product or service area.

Risk Characteristics

The inherent features of an investment that determine its potential return and the likelihood of loss.