The primary mission of the World Bank today is to

A) provide capital to underdeveloped countries.
B) provide capital to firms around the world.
C) provide financial assistance for the reconstruction of war-damaged nations.
D) provide a safe place for people around the world to put their money.
E) help countries manage their exchange rates.


A

Economics

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Consider a situation where a government is deciding between two different taxes on beer. The first tax is $2.88 per case and the second is a tax of one cent per ounce placed on beer. Both are paid by the supplier

Assume both will raise the same amount of revenue this period. Pretend you are an advisor to the government and explain to them which tax they should enact.

Economics

In September 2010, the NBER's Business Cycle Dating Committee decided that the recession that began in December of 2007 had ended and that the lowest point of production was July of 2009. The NBER does not use a popular definition of recession-two quarters of falling GDP-but looks at a variety of monthly statistics to date business cycles.What is the NBER?

A. National Board of Economic Recovery, part of the Department of Commerce B. National Budget Estimation Review, part of the Congressional Budget Office C. National Business Education Roundtable, part of the Federal Reserve D. National Bureau of Economic Research, a nonprofit, private organization

Economics

(Last Word) The "after this, therefore because of this" fallacy states that

What will be an ideal response?

Economics

A decrease in supply raises the price of a good, but it also decreases the quantity demanded, which lowers the price of a good. The net effect on price is ambiguous.

a. true b. false

Economics