Debt-for-nature swaps are most generally
(a) beneficial only to the developing country.
(b) beneficial only to the developed country.
(c) beneficial only to the bank which can write off the debt.
(d) beneficial to all countries.
D
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What causes a person, or a nation, to be poor? Why are there poor people in rich countries, and rich people in poor countries?
What will be an ideal response?
When the profits of a corporation are taxed and the dividends paid to stockholders are also taxed
A) the government is engaging in double taxation. B) the government is engaging in capital gains taxation. C) the government is engaging in regressive taxation. D) the government is engaging in progressive taxation.
Peak load pricing helps firms gain profit because
A. people are willing to pay more for the first units they consume of a good. B. low prices when demand is strong means high volume sales. C. they can serve their customers with a smaller capital base. D. demand shifts left during peak load hours.
Which of the following is not associated with strikes?
A. Strike duration is generally procyclical. B. If the union makes wage offers, it will likely do so according to a downward-sloping resistance curve. C. Strikes are costly to the union. D. Strikes are costly to the firm. E. The probability of striking is generally procyclical.