Robots Are Useful ___________

question 61

Multiple Choice

Robots are useful ___________.

• A)as companions (e.g.cyberpooches)
• B)for driving cars (e.g.cyberchauffer)
• C)for handling monotonous tasks (e.g.factory work)
• D)only in science fiction (e.g.Terminator)

Recognize the importance of infrastructure in economic development.

Explain strategies for stimulating economic growth in developing nations.

Analyze the role of education in the development process.

Understand the vicious-circle-of-poverty hypothesis and its implications for economic growth.

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Definitions:

Yield

The income return on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost.

Bond

A fixed-income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental, which pays periodic interest and the return of the principal at maturity.

Treasury Bill

Short-term, highly liquid government debt obligation issued at a discount from the face value and returning the face amount at maturity.

Par Value

The nominal value of a security stated by the issuer.