Which of the Following Is the Common Link Among Developing

question 34

Multiple Choice

Which of the following is the common link among developing countries?

• A)High inflation
• B)Low unemployment
• C)Low trade deficits
• D)Minimum government interference
• E)Low per capita GDP

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Definitions:

Payments

Amounts of money paid by one party to another, often at regular intervals, in exchange for goods or services.

Repaid

The act of paying back money that was borrowed from a person, bank, or financial institution.

Interest Rate

The ratio at which interest is applied to money loaned by a borrower from a lending party.

Compounded Semi-annually

A financial term indicating the interest on an investment is calculated and added to the principal balance twice every year, enhancing the total return over periods.