When describing the IMF broad country classification, the most accurate statement is that
A) most of the nations in Western Europe are considered emerging market economies.
B) the emerging market economies are countries that were, until the early 1990s, part of the Soviet Union or its satellites.
C) about 50 percent of the world's population live in the advanced economies and the other 50 percent live in the emerging market and developing economies.
D) most of the world's population lives in advanced economies.
E) the category with the greatest number of countries is the advanced economies.
B
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The socialization rationale for public education implies that private schools _____
a. are more segregated along class and perhaps racial lines b. are more homogenous c. are often organized around an exclusionary orientation d. all of the above
Exhibit 8-11 A firm's cost and marginal revenue curves
In Exhibit 8-11, the profit-maximizing output level at the price of $8 is:
A. 0. B. 7. C. 8. D. 10.