Which of the Given Nations Would Be Low-Income Developing Countries

question 132

Multiple Choice

$$\begin{array} { | c | c | } \hline \text { Country } & \text { Per Capita Income, } 2017 \\\hline A & \$ 621 \\\hline B & 14,894 \\\hline C & 31,555 \\\hline D & 3,498 \\\hline E & 2,005 \\\hline\end{array}$$ Which of the given nations would be low-income developing countries (DVCs) , according to the World Bank?

• A) country A only
• B) countries A, D, and E
• C) countries A and E
• D) countries A, B, D, and E

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Definitions:

Negotiability

The characteristic of an instrument (like a check or promissory note) that allows it to be transferred from one person to another in a manner that conveys the instrument's benefits to the transferee.

Issuance

The process of officially issuing something, such as a document like a permit or license, or securities like bonds or stocks.

Indorsements

Signatures or stamps placed on a negotiable instrument, such as a check or promissory note, that specify the terms of its transfer or conditions of use.

Payable on Demand

A financial obligation that must be paid whenever the creditor requests it.