A multinational agency that specializes solely in making loans to promote long-term development and growth in developing countries is the
A. International World Fund.
B. Federal Reserve System.
C. International Monetary Fund.
D. World Bank.
Answer: D
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In the 1979-82 period, the Fed pursued a monetary policy which targeted the growth rate of the money supply. Given the effects of financial deregulation on money demand you would expect, ceteris paribus,
A) stable interest rates. B) volatile interest rates. C) a constant interest rate. D) slow growth in interest rates.
During the past 40 years, U.S. exports as a percent of GDP and U.S. imports as a percent of GDP
A) both rose at the same pace. B) both fell at the same pace. C) both rose, but U.S. imports as a percent of GDP rose at a faster pace. D) both rose, but U.S. exports as a percent of GDP rose at a faster pace.
A social entrepreneur's central motivation in creating "for-benefit" corporations is to achieve social, not just economic, ends.
Answer the following statement true (T) or false (F)
What is a positive effect of advertising?
A. It promotes economic concentration in industry. B. It reduces economic efficiency in the economy. C. It provides information that reduces search costs. D. It is designed to persuade rather than inform consumers.