Which of the following is NOT a common characteristic of a developing country?
A) extensive direct government control of the economy
B) history of low inflation
C) many weak credit institutions
D) "pegged" exchange rates
E) Agricultural commodities make up a large share of its exports.
B
Economics
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When marginal utility is positive, then total utility is
a. negative b. decreasing c. zero d. increasing e. infinite
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Planned investment is to expected expansion as unplanned investment is to ______.
a. most business cycles b. marginal propensity to save c. unforeseen recession d. rising inventories
Economics