In general, the IMF provides developing countries with:
A. loans and lets these countries decide how the loans will be used.
B. technical advice but does not provide them with loans.
C. loans, but only if the government adopts certain policies specified by the IMF in return.
D. neither loans nor technical advice.
Answer: C
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Consider the above figure. The equation for the saving function is
A) S = 40 - 0.67 Yd. B) S = 40 + 0.33 Yd. C) S = -40 + 0.67 Yd. D) S = -40 - 0.33 Yd.
This graph depicts a tax being imposed, causing demand to shift from D1 to D2. According to the graph shown, the tax caused:
A. positive government revenue and decreased consumption.
B. zero government revenue and decreased consumption.
C. a transfer of revenue to surplus and increased consumption.
D. positive government revenue and increased consumption.
Assume that the exchange rate moves from $1 = €1.2 to $1 = €0.97 . This change in exchange rate indicates that:
a. the euro has depreciated in value. b. the price of a holiday in Europe has become less expensive for U.S. residents. c. the U.S. dollar price of European chocolate has fallen. d. the U.S. dollar has appreciated in value. e. the euro has appreciated in value.
Other things the same, which bond would you expect to pay the lowest interest rate?
a. a bond issued by a state with a very good credit rating b. a bond issued by the U.S. government c. a bond issued by a fairly new company doing genetic research d. a bond issued by Nabisco