The proportion of currency in the money supply

The proportion of currency in the money supply
  • A.
    is higher in developing countries than advanced countries
  • B.
    is lower in developing countries than advanced countries
  • C.
    is the same in both developing and advanced countries
  • D.
    grows as the economy develope
  • E.
    none of the above
Correct Answer: Option A
Explanation
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