Approximately what percentage of the World Bank's loans go to developing nations in the East Asia/Pacific and South Asia regions combined?
A) 10% B) 40% C) 100% D) 70%
B
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If adverse selection exists in a market,
A) it increases consumer surplus but reduces producer surplus. B) it reduces consumer and producer surplus. C) it reduces producer surplus but has no impact on consumer surplus. D) it increases both consumer and producer surplus.
With no price discrimination,
a. A firm sells every unit at different prices b. A firm sells every unit at same prices c. Low-value groups pay a lower price than the high-value groups d. Low-value groups pay a higher price than the high-value groups
If a nation is experiencing an inflow of capital and a balance of trade deficit, this is a problem if
a. the capital inflow is channeled into productive projects. b. the capital inflow is channeled into unproductive projects. c. the country's rate of unemployment is low. d. the investment rate of the country is already high.
One of the main purposes of the Fed's reserve requirements is to
A. provide cash flow for business firms. B. provide sources for foreign exchange. C. provide sources for foreign investments. D. regulate the lending ability of member banks.