Use This Information to Answer the Following Question

question 129

Multiple Choice

Use this information to answer the following question.
-The total amount of working capital is

• A)($30,000. )
• B)$80,000.
• C)$24,000.
• D)$400,000.

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Definitions:

Developed Countries

Nations with advanced economic systems, higher standards of living, and well-established infrastructures, often characterized by high Gross Domestic Product (GDP) per capita.

Balance-of-Payment Deficits

A situation where the total amount of money a country spends on foreign trade is greater than the amount it earns from such trade.