When describing the IMF broad country classification, the most accurate statement is that
A) most of the world's population lives in advanced economies.
B) the category with the greatest number of countries is the advanced economies.
C) most of the nations in Western Europe are considered emerging market economies.
D) the emerging market economies are countries that were, until the early 1990s, part of the Soviet Union or its satellites.
E) 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.
Correct Answer:
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