Which of the following is TRUE about the World Bank?
A) It is a multinational agency that specializes in development loans.
B) It is a U.S. agency that specializes in development loans.
C) It is a U.N. sponsored agency that specializes in development loans.
D) It is made up of all central banks in the world.
A
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If there is a major problem in a country that leads to the rapid withdrawal of foreign investment, this is known as
A) adverse selection crisis. B) moral hazard. C) international financial crisis. D) portfolio investment crisis.
Accountants include ________ costs as part of a firm's costs, while economists include ________ costs.
A. explicit; no explicit B. implicit; no implicit C. explicit and implicit; implicit D. explicit; explicit and implicit
The foreign exchange rate affects agriculture because
A) A weaker dollar makes depresses the export demand for U.S farm commodities. B) A stronger dollar enhances the export demand for U.S. farm commodities. C) A weaker dollar makes imports of inputs used by U.S. farmers. D) None of the above.
A model in which workers won't be concerned about the possibility of being fired if they don't work hard, because their wage is so low, is called
A. a gift-exchange model. B. a cost-benefit model. C. a job-stress model. D. a shirking model.