A Key Reason Why Some Nations Show Little or No

question 93

Multiple Choice

A key reason why some nations show little or no growth is

• A)overpopulation that overuses limited resources.
• B)lack of incentives to undertake actions toward growth.
• C)too much private property not directed by the government.
• D)patents in rich nations that keep technology only for the rich.
• E)too much international trade so that all economic growth spills over to foreigners.

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Definitions:

Times Interest Earned

A financial metric that measures a company's ability to meet its debt obligations by comparing its interest expenses to its earnings before interest and taxes (EBIT).

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency.

Total Current Assets

The sum of all assets a company expects to convert into cash within one year, including cash, accounts receivable, and inventory.

Total Current Liabilities

The sum of all liabilities of a company that are expected to be settled within one fiscal year or an operating cycle, whichever is longer.