According to Data on GDP Growth Between 1980 and 2014

question 19

Multiple Choice

According to data on GDP growth between 1980 and 2014,

• A) poor nations stagnated, while the rich nations continued to grow.
• B) poor nations grew rapidly, while the rich nations stagnated.
• C) most of the world's rapidly growing countries were located in Africa.
• D) many poor nations grew more rapidly than wealthy nations, while others continued to stagnate.

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Definitions:

Borrower

An individual, organization, or entity that receives funds from another under the condition of returning the funds, typically with interest, over a period of time.

Schedule B

A form used with the IRS tax return to report interest and ordinary dividend income.

Interest Income

Earnings received from investments like savings accounts, CDs, or bonds.

Taxpayer

An individual or entity that is obligated to make payments to municipal or governmental authorities based on income earned or property owned.