Which of the following is true of a common market?

A. There is free movement of capital and labor among the member countries.
B. The member countries export similar products to the non-member countries.
C. The member countries do not import goods from the non-member countries.
D. The member countries have identical monetary and fiscal policies.

Answer: A

Economics

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A) 5 percent B) 20 percent C) 45 percent D) 55 percent

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The interest elasticity of money demand is estimated to be

A) small in absolute value. B) large in absolute value. C) highly volatile. D) not statistically different from zero.

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