What are the characteristics of a low-income country?
What will be an ideal response?
Low-income countries share the following characteristics:
1. Limited industrialization and a high percentage of the population engaged in agriculture and subsistence farming
2. High birth rates and low literacy rates, especially among women and girls
3. Heavy reliance on foreign aid
4. High levels of poverty
5. Inequality of income distribution
6. Political instability and unrest due at least in part to disenfranchised social groups
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Salespeople who split commissions with co-workers or take customers away from co-workers to win sales contests are engaged in moonlighting.
a. true b. false
________ are categorized as either current assets or long-term assets on the balance sheet, depending on the maturity date
A) Equity investments B) Matured investments C) Trading investments D) Held-to-maturity investments