Which of the Following Is Not a Current Economic Challenge

question 27

Multiple Choice

Which of the following is not a current economic challenge?

• A) the economic threat of continued international terrorism.
• B) the growth of China and India.
• C) the aging of the world's population.
• D) the growth of USA.

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Definitions:

Bequests

The act of giving assets, such as money, property, or personal belongings, to others through a will.

Tax Efficacy

The effectiveness of a tax system or policy in achieving its intended financial or economic objectives while minimizing negative impacts on taxpayers.

Strategic Philanthropy

A form of philanthropy where donors seek to achieve the greatest possible impact through their charitable activities by using data, research, and careful planning to address systemic issues.

Charitable Gift Annuity

A financial arrangement in which an individual donates assets to a charity in exchange for a fixed income stream for a specified term or for life.