A Country Experiencing a Growth Rate of 8% Per Year

question 173

Multiple Choice

A country experiencing a growth rate of 8% per year can go from being one of the poorest to one of the richest in how many generations?

• A)one
• B)two
• C)three
• D)four

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Definitions:

Assigned Benefits

The transfer of the right to receive benefits from a policy or agreement, such as insurance, from the original beneficiary to another party.

Equitable Remedy

The requirement that a party do something or refrain from doing something, beyond the payment of money.

Injunction

A court order preventing someone from performing a particular act.

Contract Law

The body of law that governs the formation, performance, and enforcement of contractual agreements between parties.