Which of the following can be perceived from measuring actual individual consumption across global markets?

A) Developed countries are likely to benefit more from full integration than developing countries.
B) Purchasing power differences do not account for differences in demand of products and services.
C) The living standards of high-income countries differ from low-income countries.
D) A vast majority of the world's income is concentrated in the lower-middle or upper-middle income countries.

C

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The R&D Department of an organization __________.

A. is responsible mainly for updating current products offered by the organization B. has a minute impact of the success of the organization C. carries the responsibility for the future growth of the organization D. is the most important department of the organization

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A variable annuity applicant invests his premiums immediately into the stock portfolio chosen for his annuity. He then returns his annuity during the free look period when the stock market drops significantly. What will the client receive?

A. His entire premium B. The policy account value on the date the returned policy is received by the insured C. The policy account value on the date the returned policy is received by the insurer D. The full premium minus the surrender charge

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