Outline the elements of an IMF stabilization package. Explain the mechanism by which it is expected to help a balance of payments deficit. How successful have these packages been? Explain your answer
What will be an ideal response?
Discussed in the chapter.
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The aggregate demand curve shifts to the left when there is ________
A) autonomous tightening of monetary policy B) an increase in the nominal interest rate C) an increase in inflation D) all of the above E) none of the above
Which of the following groups or entities has the authority to initiate legal suits to enforce antitrust laws?
a. the U.S. Justice Department b. private citizens c. corporations d. All of the above are correct.
The money supply will increase by a multiple of the increase in bank reserves created by the central bank unless:
A. there is 100 percent reserve banking. B. banks' desired reserve/deposit ratio is 0.20. C. there is fractional reserve banking. D. the public holds no currency.
Which of the following is a negative effect of economic growth?
A. higher inflation B. environmental pollution C. higher unemployment D. all of these