Which of the Following Statements Is False

question 15

Multiple Choice

Which of the following statements is false?

• A) Developing countries have a lower per capita income compared to developed countries.
• B) Developing countries have a lower infant mortality rate compared to developed countries.
• C) Developing countries have lower life expectancy compared to developed countries.
• D) A smaller percentage of the population live in urban areas in developing countries compared to developed countries.

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Definitions:

Present Value

The contemporary valuation of foreseeable future earnings or sequences of cash payments, taking into account a specified interest rate.

Net Present Value Method

A method of evaluating the profitability of an investment by calculating the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Rate Of Return

A financial ratio used to calculate the gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Useful Life

The estimated duration an asset is expected to be functional and economically useful for its intended purpose.