The IMF mostly receives its funds from:
a. the subscription fees paid by the member nations.
b. selling of bonds.
c. the loans given by the World Bank.
d. the central banks of the major industrialized nations.
e. the gold reserves available with the Fed.
a
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The more profit a monopolist makes, the more inefficient is the monopoly outcome.
Answer the following statement true (T) or false (F)
A reduction in the amount of unemployment
A) shifts the production possibilities frontier outward. B) moves the economy's point of production closer to the production possibilities frontier. C) moves the economy's point of production along the production possibilities frontier. D) moves the economy's point of production further away from the production possibilities frontier.
Goods whose benefits to society are not diminished as more people consume them and whose benefits cannot be withheld from anyone are:
a. impossible since resources are limited. b. examples of negative externalities. c. public goods. d. food and other necessities. e. provided by free markets to free riders.
In 2011, the U.S. unionization rate was:
A. 5.5 percent, down by nearly one-half of the rate in the mid-1950s. B. 14.8 percent, up by about one-fourth of the rate in the mid-1950s. C. 11.8 percent, down by more than one-half of the rate in the mid-1950s. D. 21.2 percent, down by 4 percentage points from the mid-1950s.