_____ Is a Social Measure Used to Classify Countries as Developed

question 49

Multiple Choice

_____ is a social measure used to classify countries as developed countries or emerging countries.

• A) Exchange rates
• B) Interest rates
• C) Gross national product
• D) Per capita income
• E) Inflation rates

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Definitions:

Refrain From Alcohol

An advisory or mandate to abstain from consuming alcoholic beverages.

Consideration Requirement

The legal principle that a contract must involve a bargain or exchange of value between the parties to be enforceable.

Existing Contract

A legal agreement that is currently in place and governs a relationship between parties at the present time.

Past Consideration

Something of value that has been given or promised in the past and cannot serve as consideration for a current contract due to its occurrence before the contract was made.