The international organization with the sole goal of promoting global antipoverty efforts is the
A. International Monetary Fund.
B. World Bank.
C. GAE.
D. Board of Governors of the Federal Reserve System.
Answer: B
You might also like to view...
The European Union Emission Trading Scheme is an example of:
a. a pollution tax. b. a pollution subsidy. c. a command approach. d. cap and trade. e. enforcing private property rights.
A manufacturer produces 1 million televisions in the first quarter of the year. It sells 900,000 of them before the end of the first quarter, and holds the others in its warehouse. How will the 100,000 unsold televisions be treated in the GDP statistics?
a. Since the televisions eventually will be bought by consumers, they will be included as consumption in the first quarter. b. Since the televisions were not purchased in the first quarter, they will be counted as an increase in second-quarter GDP. c. The televisions will be counted as a change in inventory in the first quarter and so will be included in first-quarter GDP. d. The televisions will be counted as a change in inventory in the first quarter, and when sold in the second quarter will raise second-quarter GDP.
Purchases of foreign assets by U.S. residents are tabulated in the U.S. balance of payments as a:
A. capital inflow. B. capital outflow. C. current account outflow. D. unilateral transfer.
Assume that full-employment real GDP is Y = $1,200 billion, the current equilibrium real GDP is Y = $1,600 billion, and the MPC = 0.8. In order to bring the economy to a full-employment real GDP,
A. a recessionary gap must be bridged by increasing aggregate expenditures by $80 billion. B. an inflationary gap must be bridged by cutting aggregate expenditures by $80 billion. C. an inflationary gap must be bridged by cutting aggregate expenditures by $400 billion. D. a recessionary gap must be bridged by increasing aggregate expenditures by $400 billion.