In 2010, the Philippines Per Capita GDP Was About ________

question 33

Multiple Choice

In 2010, the Philippines per capita GDP was about ________, while in South Korea it was ________.

• A) $3,200; over $26,000
• B) $10,000; $15,000
• C) half that in the United States; twice that in the United States
• D) $100; $200
• E) $35,000; the same

---

Definitions:

LLC

A limited liability company, which is a business structure in the US that offers its owners (members) protection from personal liability for its debts and obligations.

Plan of Merger

A detailed document that outlines the proposed merging of two or more companies into one entity.

LLC Assets

Properties, financial assets, and physical items owned by a Limited Liability Company that are used for the business's operations.

Limited Partners

Investors in a partnership who are not involved in the day-to-day operations of the business and whose liability is limited to the amount of their investment.