What Happened to the Death Rate in LDCs Following World

question 24

Multiple Choice

What happened to the death rate in LDCs following World War II? Why?

• A) It increased due to the loss of infrastructure following the war.
• B) It increased due to the spread of disease because of refugees from the war.
• C) It decreased because of the introduction of modern medicine.
• D) It decreased because people were no longer dying in World War II.
• E) It stabilized due to fewer people dying in war.

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Definitions:

Salvage Value

The anticipated market price of an asset upon the conclusion of its effective service life.

Marginal Tax Rate

The tax rate applied to the last dollar of income, which can be used to measure the impact of additional income or deductions on overall taxes due.

Incremental After-Tax Net Cash Flows

The additional cash flows a business expects to generate after accounting for taxes, resulting from a new project or investment.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in the asset's value over time.