The World Bank
A) extends long-term loans for capital investment projects to developing nations.
B) mediates contracts regarding minimum prices for various globally-traded commodities.
C) determines the labor force participation rate in each of its member nations.
D) determines the price level in each of its member nations.
A
You might also like to view...
What is an incentive system?
What will be an ideal response?
Refer to Figure 2-13. What is the opportunity cost of producing 1 ton of coconuts in Guatemala?
A) 1/2 of a ton of pineapples B) 1 1/3 tons of pineapples C) 2 tons of pineapples D) 90 tons of pineapples
Smaller firms tend to rely on financial intermediaries instead of financial markets for external financing due to
A) transactions costs. B) adverse selection. C) moral hazard. D) all of the above.
Technological improvement (e.g., better capital equipment) will result in a leftward shift of the marginal revenue product of labor
Indicate whether the statement is true or false