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
You might also like to view...
Refer to Figure 12-4. If the market price is $30 and if the firm is producing output, what is the amount of its total variable cost?
A) $7,200 B) $6,480 C) $5,400 D) $3,960
Studies of human decision-making show that
a. firms are less likely to maximize profits than consumers are to maximize utility. b. firms are more likely to maximize profits than consumers are to maximize utility. c. people are irrational more often than they are rational. d. people are reluctant to change their minds.
According to Figure 5.4, how many slices of pizza will one pizzeria be willing to supply at a market price of $1.50 a slice?
(A) 2,000 (B) 300 (C) 200 (D) 100
The statement, "My iPhone is worth $700" represents money's function as
A) a medium of exchange. B) a unit of account. C) a store of value. D) a standard of deferred payment.