All of the Following Are Problems Faced by LDCs, Except

question 31

Multiple Choice

All of the following are problems faced by LDCs, except __________.

• A)funds needed for development must be consumed
• B)over one-third of the population is dependent children
• C)the percentage of dependent elderly is large and rapidly growing
• D)the labor force is growing faster than available jobs

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Definitions:

Actively Traded

Refers to stocks, securities, or other financial instruments that are frequently bought and sold, often indicated by high trading volumes.

Foreign Currency Futures

Financial contracts obligating the buyer to purchase, and the seller to sell, a specified amount of foreign currency at a predetermined future date and price.

Euro

The official currency of 19 out of the 27 European Union countries, which is used as a common form of currency in international financial transactions.

British Pound

The official currency of the United Kingdom, also known as GBP (Great British Pound).