According to World Bank Numbers

question 44

Multiple Choice

According to World Bank numbers,

• A)developing nations currently account for more than 60 percent of world economic activity.
• B)rich nations currently account for more than 70 percent of world economic activity.
• C)today's rich nations may account for 55 percent of world economic activity by 2020.
• D)today's developing nations may account for more than 60 percent of world economic activity by 2020.

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Definitions:

Rent Control Laws

Regulations that limit the amount landlords can charge for leasing property to ensure affordable housing for tenants.

Exploiting

Utilizing resources or situations to gain an advantage, often unfairly or unethically.

Equity

The concept of fairness and justice within the economic practices, including the distribution of wealth, opportunities, and access to resources.

Post Hoc, Ergo Propter Hoc

A logical fallacy that implies that if one event follows another, then the first event must have caused the second.