Developed Countries Still Have Major Advantages in Their Access to Information

question 13

True/False

Developed countries still have major advantages in their access to information technology when compared to emerging economies because of the significant cost of the infrastructure needed for computing power.

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Definitions:

Compound Annual Return

The annualized average percentage rate of return that accounts for the compounding of interest over a period of time.

Diversified Equity Mutual Fund

A mutual fund that invests in a wide range of equities from various sectors to reduce investment risk.

Canadian Companies

Businesses that are registered, operated or have a significant presence in Canada.

Compounded Quarterly

A method of calculating interest in which the interest is compounded quarterly, being added to the principal amount four times annually.