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:

Reserves

Funds or material set aside or saved for future use, often used in the context of central banking as currency holdings or commodities like gold.

Government Bonds

Government Bonds are securities issued by governments to borrow money from investors, promising to pay back the principal amount with interest on specified dates.

Money Supply

The overall total of financial resources found in an economy at a given instance.

Excess Reserves

The reserves banks hold over and above the legal requirement set by the central bank, often seen as a precautionary measure.