Low-income developing countries generally have the following characteristics, except:
A. Low population growth rates
B. Low levels of industrialization
C. Dependency on exports of agricultural products or raw materials
D. Minimal amounts of capital resources
A. Low population growth rates
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During the antebellum period, U.S. consumers increased their demand for mass-produced, standardized and simple goods
Indicate whether the statement is true or false
A surplus in a country's balance of trade occurs whenever the country
A. has money outflows that exceed its money inflows. B. refrains from trade with OPEC countries. C. exports more goods than it imports. D. imports more financial capital than it exports.
What is the difference between the nominal interest rate and the real interest rate?
What will be an ideal response?
If tax revenues from a cigarette tax are used to pay for healthcare expenses related to lung cancer, the cigarette tax could be justified using the __________
Fill in the blank(s) with correct word