Compared with the Rest of the World in 2010, the United

question 45

Multiple Choice

Compared with the rest of the world in 2010, the United
States is LEAST abundant in:

• A)capital.
• B)skilled labor.
• C)unskilled labor.
• D)illiterate labor.

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Definitions:

Salary

Regular payment from an employer to an employee, typically expressed as an annual sum and paid in monthly or biweekly intervals.

Capital Balances

This term indicates the amount of money in an entity’s capital account, reflecting initial investments and subsequent adjustments for profits, losses, and withdrawals.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.

Share

A unit of ownership interest in a corporation or financial asset, entitling the shareholder to a portion of the earnings and assets.