The International Monetary Fund (IMF) is an international organization designed to
A. circulate a single currency worldwide.
B. promote world economic growth via loans to developed nations.
C. act as the world's central bank.
D. promote world economic growth by means of greater financial stability.
Answer: D
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Property rights are relatively secure and free from the threat of nationalization in the HPAE
Indicate whether the statement is true or false
There is a(n) _______ relationship between the value of money and the quantity of money in circulation.
A. direct B. inverse C. unpredictable
Suppose Congress increases the corporate profit tax rates. This is an example of
A) discretionary fiscal policy of the expansionary variety. B) automatic fiscal policy of the expansionary variety. C) discretionary fiscal policy of the contractionary variety. D) automatic fiscal policy of the contractionary variety.
The aggregate supply curve (short run) ________.
A. graphs as a horizontal line B. slopes downward and to the right C. slopes upward and to the right D. graphs as a vertical line