At the 2002 International Conference on Financing for Development (ICFD),participating

question 17

Multiple Choice

At the 2002 International Conference on Financing for Development (ICFD) ,participating countries agreed to the UN's recommended goal of contributing what percentage of their GNPs to economic development?

• A) 0.01 percent
• B) 0.07 percent
• C) 1 percent
• D) 7 percent

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Definitions:

Advertising Strategies

Planned tactics employed by businesses to persuade target audiences to purchase a product or service through various forms of media.

Dominant Strategy

Strategy that is optimal no matter what an opponent does.

Payoff

Value associated with a possible outcome.

Optimal Strategy

Strategy that maximizes a player’s expected payoff.