Refer to the Scenario Above

question 101

Multiple Choice

Refer to the scenario above.Which of the following statements is true?

• A) The gap between the GDP per capita of both countries will converge over time.
• B) The gap between the GDP per capita of both countries will diverge over time.
• C) The gap between the GDP per capita of both countries will remain the same over time.
• D) In 30 years, the GDP per capita of Country A is likely to be higher than that of Country B.

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Definitions:

Midnight Deadline Rule

A regulation requiring that certain types of contracts be physically delivered to the offeree by midnight of the next day after they are made to be effective.

Uncertified Check

is a check that has not been verified or guaranteed by the bank upon which it is drawn, making its acceptance based on the account holder's standing and available funds.

Six Months Old

Describes something, such as a product, document, or animal, that has existed or has been in use for six months.

Point-of-Sale Systems

Hardware and software systems used at retail and hospitality businesses to process sales transactions.