Identify the Incorrect Statement Pertaining to the GNI Per Capita

question 157

Multiple Choice

Identify the incorrect statement pertaining to the GNI per capita.

• A) The GNI per capita in the United States is the highest in the world.
• B) The GNI per capita is quite high in the United States, Japan, and Germany.
• C) The GNI per capita gives some idea of the income level of people in the country.
• D) Many managers see great potential in countries where GNI per capita is low.
• E) Managers see less competition where GNI per capita is low.

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Definitions:

Market Price

The price at which an asset or service can be bought or sold in a given market.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health of the business.

Company

An organization created by several individuals for the purpose of running and managing a business, which can be either commercial or industrial in nature.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations by dividing current assets by current liabilities.