Two Countries Whose HDI Ranks Better Than PPP Would Be

question 22

Multiple Choice

Two countries whose HDI ranks better than PPP would be

• A)Kazakhstan and Norway.
• B)South Africa and Gabon.
• C)Saudi Arabia and East Timor.
• D)the U.S.and Luxembourg.

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Definitions:

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a period, indicating the efficiency of the company in managing and selling its stock.

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Acid-Test Ratio

A financial metric used to evaluate a company's short-term liquidity position by dividing its most liquid assets by its current liabilities.

Current Ratio

A financial metric indicating a firm's capacity to fulfill its short-term debts, which are obligations due within the next year, by dividing its current assets by its current liabilities.