It Is Possible for a Country Without a Lot of Domestic

question 139

True/False

It is possible for a country without a lot of domestic natural resources to have a high standard of living.

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Definitions:

Capital Budget

The process and plan for determining and allocating resources, such as funds and investments, towards major long-term expenditures or projects of a company or government.

Dividend Payout Ratio

The fraction of net income a firm pays to its shareholders in dividends, expressed as a percentage of the company's total earnings.

Residual Dividend Policy

A strategy where dividends paid to shareholders are based on earnings left after the firm has funded all its capital investments.

Dividend Per Share

Dividend per share (DPS) is the sum of declared dividends issued by a company for every ordinary share outstanding.