When a country borrows from the IMF
A) it receives all the funds from the loan at once.
B) it receives funds in tranches, each dependent on the completion of reform targets.
C) it is free of conditions.
D) it can be any amount that the country requests.
B
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Suppose a developing country receives more machinery and capital equipment as foreign entrepreneurs increase the amount of investment in the economy. As a result,
A) the economy will move down along the long-run aggregate supply curve. B) the economy will move up along the long-run aggregate supply curve. C) the long-run aggregate supply curve will shift to the right. D) the long-run aggregate supply curve will shift to the left.
If a country sets a pegged exchange rate that is below the equilibrium exchange rate, how can the country maintain the peg?
A) by selling surplus domestic currency at the pegged rate B) by purchasing surplus domestic currency at the pegged rate C) by decreasing the pegged exchange rate D) by purchasing surplus domestic currency at the equilibrium exchange rate
Full employment occurs only when the unemployment rate is 0%
a. True b. False
What is the current, annual, approximate amount per person paid to the federal government in individual income taxes, social insurance taxes, corporate income taxes, and other taxes?