A Very Small Percentage of GDP Tends to Come from the Service

question 116

True/False

A very small percentage of GDP tends to come from the service sectors in poor countries.

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Definitions:

Turnover

The rate at which inventory is sold and replaced over a given period or the rate at which employees leave and are replaced in a company.

Investment Opportunity

A potential financial venture, asset, or avenue that promises to yield returns or appreciates in value over time, warranting initial expenditure or investment.

Margin

The difference between the selling price of a good or service and its production or acquisition cost, often expressed as a percentage of the selling price.

Net Operating Income

A measure of a company's profitability that excludes non-operating income and expenses, such as interest.