An IMF official was quoted as acknowledging that the Fund's stabilization packages have often led to adjustment without growth
However, he said, "the Fund is a firefighter not a carpenter, and you cannot expect the firefighter to rebuild the house as well as put out the fire." Provide a balanced evaluation of this statement.
Suggestion: Nothing should be left smoldering either.
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Refer to the figure below. What is the price elasticity of demand when the price of rice is $6 per pound? 
A. 0.5 B. 3 C. 2 D. 0.67
The price elasticity of supply is calculated as the
A) percentage change in quantity supplied multiplied by the percentage change in price. B) percentage change in quantity supplied divided by the percentage change in price. C) percentage change in price divided by the percentage change in quantity supplied. D) percentage change in quantity supplied plus the percentage change in price.
Explain how exchange rate changes affect aggregate demand.
What will be an ideal response?
Considering the S&P 500 Index, if each company's stock price increased by 10%:
A. the weights in the index would remain the same. B. the companies with fewer shares would gain more weight at the expense of the companies with greater shares. C. the companies with the most shares outstanding would have even greater weight after the increase. D. the weights in the index would change to reflect the percentage changes in the prices of the various stocks.