In the World-System,highest Levels of Per Capita GDP Are Found

question 32

Multiple Choice

In the world-system,highest levels of per capita GDP are found in economies where the tertiary and quaternary sectors dominate the workforce.These economies are known as

• A) industrial.
• B) nonindustrial.
• C) postindustrial.
• D) sustainable.
• E) newly industrialized.

---

Definitions:

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments not included in cash equivalents.

Accounts Receivable

The amount due to an enterprise by its clients for delivered goods or services awaiting payment.

ACP

Average Collection Period, a metric indicating the average number of days it takes for a company to receive payments owed by its customers.

Investing Activities

Operations related to buying and selling long-term assets and investments, excluding those considered as cash equivalents.