The rate of return on capital is
A) much higher in rich countries than in poor countries.
B) much lower in rich countries than in poor countries.
C) not substantially higher in poor countries than in rich countries.
D) not substantially higher in rich countries that in poor countries.
C
You might also like to view...
In answering which of the following questions would you find it necessary to calculate a future value?
a. If Jill puts $5,000 today into a bank account that pays 3 percent interest, then how much will she have in the account after 2 years? b. Should ABC Corporation buy a factory today for $2 million, knowing that the factory will yield the corporation $3 million after 5 years? c. As the winner of a lottery, should Michael choose an immediate payment of $250,000 or should he choose annual payments of $30,000 for each of the next 10 years? d. You would find it necessary to calculate a future value in order to answer all of these questions.
Which of the following is considered a service in the calculation of GDP?
A. Tax preparation. B. Manufacturing automobiles. C. Constructing new homes. D. Manufacturing reclining chairs.