Which of the Given Nations Would Be High-Income Countries (IACs)

question 38

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 high-income countries (IACs) , according to the World Bank?

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

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Definitions:

Book Value

The net value of a company's assets minus its liabilities, often used to assess the company's financial health and value.

Excess Amount

The surplus or amount by which a sum exceeds what is necessary or required.

Outstanding Common Shares

The shares of a corporation that are issued and owned by shareholders, representing ownership in the company.

Net Assets

The difference between a company's total assets and its total liabilities, representing the equity value that shareholders would theoretically receive if all assets were liquidated and all debts paid.