In general, the IMF provides developing countries with:
A. loans and lets these countries decide how the loans will be used.
B. technical advice but does not provide them with loans.
C. loans, but only if the government adopts certain policies specified by the IMF in return.
D. neither loans nor technical advice.
Answer: C
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Immigrants made up approximately what percent of the labor force in the U.S. in 2007?
A. 5% B. 25% C. 16% D. 33%
Which of the following shifts the ATC curve upward at the XYZ Co?
A) an increase in the hourly wage that XYZ pays its workers B) a decrease in the hourly wage that XYZ pays its workers C) an increase in the fixed amount of liability insurance premiums that XYZ pays for its business D) Both answers A and C are correct.
The key characteristic of an oligopolistic market is:
A) production of a homogeneous product. B) mutual interdependence among firms in the market. C) the absence of market power by any one firm. D) ease of entry into, and exit out of, the market.
In effect, a tax increase has the same effect as a _____.
Fill in the blank(s) with the appropriate word(s).