In recent decades:
A. all countries classified as DVCs have had little or no economic growth.
B. some nations classified as DVCs have grown rapidly while others have grown very slowly or not at all.
C. all countries classified as DVCs have experienced rapid economic growth and rising living standards.
D. all countries classified as low-income DVCs have had declining per capita GDPs.
B. some nations classified as DVCs have grown rapidly while others have grown very slowly or not at all.
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Since the Civil War, the poorest section of the country has been the __________.
Fill in the blank(s) with the appropriate word(s).
All of the following are roles of a exchange EXCEPT
A) instituting margin requirements on futures contracts. B) marking to market at the end of each day. C) eliminate the need for buyers and sellers of futures contracts to be concerned about the creditworthiness of each other. D) reducing the default risk involving forward contracts.
The Ponderosa Bank receives a new deposit of $2,500 . The reserves requirement is 20 percent. How much can this bank loan out as a result of this deposit?
a. $25,000 b. $12,500 c. $3,125 d. $2,000 e. $500
Which of the following will not cause the demand curve for athletic shoes to shift?
A. A change in tastes for athletic shoes B. Widespread advertising campaign for athletic shoes C. Increase in money incomes of athletic-shoes consumers D. Expectations that the price of athletic shoes will decrease in the future E. A decrease in the price of athletic shoes