The International Monetary Fund, one of the Bretton Woods Institutions,
(a) was meant to provide short-term credit.
(b) was meant to provide long-term credit.
(c) was meant to provide both short- and long-term credit.
(d) was not meant to provide credit.
(a)
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Using rate-of-return analysis to determine who benefits and who does not benefit from the current structure of Social Security is
A. embraced by all. B. embraced not only by financial planners but also by most economists. C. rejected by those that view the program as social insurance rather than as an investment. D. rejected by everyone.
Government attempts to lower, raise, or simply stabilize prices can:
A. reduce efficiency of a market. B. shift the distribution of surplus. C. create unintended side effects. D. All of these are true.
The planned investment function will shift upward if
A. the interest rate rises. B. business expectations become more optimistic. C. the existing stock of capital falls. D. real disposable income decreases.
Refer to the payoff matrix. Which cell represents the outcome of this game?
A. A.
B. B.
C. C.
D. D.