The group of countries more likely to have a high number of telephone lines per 1,000 people is

a. high-income countries
b. zero-income countries
c. infinite-income countries
d. low-income countries
e. middle-income countries

A

Economics

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The key official definition of the money supply is

A) only coins and paper currency in circulation. B) M2. C) only transactions deposits at banks. D) MZM.

Economics

An international trade shock arising from a sudden increase in import demand is likely to be least disruptive to a country with

A. a floating exchange-rate system. B. a fixed exchange-rate system with sterilization. C. a surplus in the overall payment balance. D. a fixed exchange-rate system without sterilization.

Economics