Even in Poor Illiterate Areas,the Demand for ____________________ Is High,which

question 70

Multiple Choice

Even in poor illiterate areas,the demand for ____________________ is high,which contributes to the globalization issues of communication.

• A)More schools
• B)Cell phones
• C)Computer kiosks
• D)Books in English
• E)Satellite phone services.

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Definitions:

Nominal Income

The amount of money received in a specified period before adjusting for inflation.

Revealed Preference

An economic concept suggesting that the preferences of consumers can be observed by their purchasing habits and choices.

Inflation Level

Inflation level measures the rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Base Year

A specific year chosen as a point of reference or benchmark for financial or economic data comparison over time.