Which agency lends money to countries to promote their economic development?
A. the World Bank
B. the League of Nations
C. the International Monetary Fund
D. the Federal Reserve
Answer: A
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Suppose there are 10 million part-time workers and 90 million full-time workers in an economy. Five million of the part-time workers switch to full-time work. As a result, the
A. official unemployment rate will fall. B. size of the labor force will increase. C. official unemployment rate will rise. D. official unemployment rate will remain unchanged.
Which of the following countries does not employ a value-added tax at the national level?
a. France b. German c. United States d. Canada
What is an informational cascade?
A) An excess flow of market information that makes it difficult for an investor to form a rational decision. B) A continual decline in the quality of market information from public sources due to sequential budget cuts. C) A continual increase in the quality of market information from public sources due to broader use of the internet by market participants. D) A sequence of decisions based on the actions of others rather than fundamental information.
Managers will use ________ probabilities to estimate the likelihood of a successful launch of a new brand of peanut butter.
A) relative B) objective C) known D) subjective