Which of the Following Is True of World Urbanization Trends

question 52

Multiple Choice

Which of the following is true of world urbanization trends?

• A) In 1950, the world had only two megacities.
• B) By 2030, there will be 200 megacities.
• C) By 2030, there will be 41 megacities in the United States.
• D) Australia is home to nearly 90 percent of the world's rural population.
• E) The number of megacities is growing, but they are much smaller than in the past.

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Definitions:

Call Option Contract

An agreement in finance that grants the individual holding it the freedom, but not the duty, to buy various assets like stocks, bonds, or commodities at a fixed price before the deadline expires.

Buyer

An individual or entity that purchases goods or services from another party.

Seller

An individual or entity that is offering a product or service for sale.

Forward Contract

A customizable financial contract between two parties to buy or sell an asset at a specified future time at a price agreed upon at the moment of the contract’s initiation.