The Table Below Shows Data for China

question 219

Multiple Choice

The table below shows data for China. The standard of living between 2003 and 2006 increased by

• A) 55.3 percent.
• B) 1.8 percent.
• C) 35 percent.
• D) 32.7 percent.

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Definitions:

Financial Values

Refers to the monetary, material, or assessed worth of an asset, investment, or company.

Payback

The period of time needed for an investment to generate cash flow sufficient to recover the initial expense incurred.

Simplicity

The quality of being easily understood or performed; favoring clear, uncluttered methods and procedures.

Managers

Individuals responsible for controlling or administering all or part of a company or similar organization.