Many Developing Countries Today Are Characterized by a "Youth Bulge

question 148

Multiple Choice

Many developing countries today are characterized by a "youth bulge," which means more

• A)children ages 0-5 relative to children between 6 and 17.
• B)6- to 12-year olds relative to younger and older children.
• C)children ages 0-17 relative to the adult population.
• D)15- to 29-year-olds relative to the remaining adult population.

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Definitions:

Asset Account

An account that records the value of resources owned by an entity which have economic value and can provide future benefits.

Capital

Financial resources or assets owned by a business or individual used for creating wealth or generating income.

Net Sales

The final sales figure a company reports, after deducting returns, discounts, and compensations for damaged or missing products from its total sales.

Gross Sales

The total sales revenue of a company without deducting any sales returns, allowances, or discounts.