Which of the following is NOT a criticism that has been leveled at the World Bank?
A) Since 1990, the World Bank has loaned mostly to African countries, to the detriment of nations in other parts of the world.
B) Too many loans go to nations capable of privately financing their projects.
C) Some countries receiving World Bank loans are net lenders of funds to other nations and so should not be receiving World Bank funds.
D) Despite receiving loans from the World Bank, economic growth in many client nations has been disappointing.
A
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The average revenue curve can also be described as the demand curve
a. True b. False Indicate whether the statement is true or false
In the long run, a monopolistically competitive firm:
a. will earn normal profits. b. will earn excess profits. c. will earn no profits. d. will produce where marginal cost equals price.
An increase in U.S. exports because of increasing foreign incomes represents ________ in the United States.
What will be an ideal response?
We measure gross domestic product by multiplying the quantities of goods by their prices because it allows us to:
A. express the values of products in a common unit of measurement. B. correct for inflation. C. directly compare the output of one economy to that of another. D. calculate the total number of units of goods produced in an economy.