Which of the Following Is True

question 109

Multiple Choice

Which of the following is true?

• A) In low-income countries, 39 percent of those 15 and older were illiterate during the period of 2005 to 2009.
• B) In middle-income countries, 25 percent of those 15 and older during the period of 2005 to 2009.
• C) In high-income countries, 38 percent of those 15 and older during the period of 2005 to 2009.
• D) Education bears little relationship to economic development in high-income countries.
• E) Education is more important to the economic development of low-income countries than it is to high-income countries.

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Definitions:

Average Spread

The average spread refers to the average difference between bid and ask prices over a specified time period, measuring market liquidity.

Security Issues

Security Issues refer to the new issuance of stocks or bonds by a company in order to raise capital from investors in the public or private markets.

Stock Exchange

Stock Exchange is a regulated marketplace where securities, such as stocks and bonds, are bought and sold by participants.

Listing

The act of registering a company's shares on a stock exchange, enabling public trading.