What Term Is Applied to a Country Such as Western

question 114

Multiple Choice

What term is applied to a country such as Western Sahara,Africa,which is a nation characterized by poverty,illiteracy,short life spans,and a weak economy?

• A) global glut
• B) poor zones
• C) Fourth World
• D) global south

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Definitions:

Market Rate

The current interest rate offered in the market for instruments with similar risk and maturity levels.

Present Value Factor

A financial calculation used to determine the present value of a sum of money to be received in the future by accounting for time value of money.

Issue Price

The price at which new shares are offered to the public by a corporation during an issuance.

Effective-interest Amortization

A method of amortizing the premium or discount on bonds payable that reflects the periodic interest expense based on the bond's carrying value.