Most of the loanable funds available to the World Bank to lend to developing nations come from
A) the sale of oil.
B) developing nations.
C) the world's wealthiest nations.
D) the sale of international bonds that are issued by the World Bank.
C
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When consumers do not view similar products as perfect substitutes, those products are called:
A. homogenous. B. complements. C. differentiated. D. normal.
Adverse selection is a situation in which
a. only men are hired for particular jobs b. comparable worth laws actually reduce the number of women in certain professions c. people who use illegal drugs apply for jobs where employers do not use drug testing d. employers have a better knowledge of the productivity of labor suppliers than do the labor suppliers e. employers attempt to quantify the productivity of their workers
Consumers gain from trade within a monopolistically competitive industry because:
a. prices fall and product varieties decrease. b. prices rise and product varieties increase. c. prices rise and product varieties decrease. d. prices fall and product varieties increase.
Under the VER of the 1980s, Japan's automakers received:
a. additional quota rents of about $2.2 billion. b. approximately 10% lower prices. c. censure by the WTO for failing to behave in a competitive manner. d. wage concessions from their U.S. employees to keep plants open in the United States.