An international organization formed with the aim of promoting world economic growth through financial stability is called
A. the World Bank.
B. the International Finance Corporation.
C. the International Monetary Fund (IMF).
D. the International Development Association.
Answer: C
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The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2015 and 2016, the U.S. dollar ________ against the Euro and ________ against the Japanese yen
A) depreciated; depreciated B) appreciated; appreciated C) appreciated; depreciated D) depreciated; appreciated
Use production functions from the economic growth model to explain why the United States grew at a much faster rate than the Soviet Union in the latter half of the 20th century
What will be an ideal response?
Monetarists believe in a relatively unstable __________ curve, and thus recommend a monetary policy targeting the __________
A) IS; money supply B) IS; interest rate C) LM; money supply D) LM; interest rate
Which of the following are not included in the consumption component of gross domestic product?
a. Purchases of stocks and bonds. b. Consumer durable goods c. Nondurable consumption goods d. Consumer services