Which of the Following Is True of Nordic Countries

question 54

Multiple Choice

Which of the following is true of Nordic countries?

• A) They have low divorce rates.
• B) They lack affordable childcare.
• C) They lead the world in gender equality.
• D) They rank low on foreign aid.

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Definitions:

Productive Resource

An economic term for the inputs used in the production of goods or services in the attempt to make an economic profit.

Inelastic

Describing a situation where the demand or supply for a good or service is not highly sensitive to changes in price.

Loan Interest

The additional amount paid by a borrower to a lender in exchange for the use of borrowed money, often expressed as an annual percentage rate.