Concentration of Resources on Higher, Rather Than Basic, Education in Developing

question 25

Multiple Choice

Concentration of resources on higher, rather than basic, education in developing countries tends ?to lead to

• A)greater inequality.
• B)lower fertility
• C)less international migration
• D) more job creation.

---

Definitions:

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date, accounting for interest payments and the repayment of the principal.

Market Price

The current cost for engaging in transactions involving assets or services.

Zero-Coupon Bond

A type of bond that does not pay periodic interest but is issued at a discount to its face value and matures at face value.

Duration

In finance, duration measures the sensitivity of the price of a bond or other fixed-income investment to a change in interest rates, reflecting the weighted average time until payments are received.