Which of the following is NOT a true statement about IMF lending?
A) The IMF can usually determine the difference between national crises and those likely to cause system-wide problems.
B) Limits on borrowing have not kept up with the growth of national economies.
C) The IMF does not have the funds to provide the support that a large economy might need.
D) Proposals for lending expansion suggest greater IMF intervention if it can stop crises faster.
A
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According to the expectations theory of the term structure
A) when the yield curve is steeply upward sloping, short-term interest rates are expected to remain relatively stable in the future. B) when the yield curve is downward sloping, short-term interest rates are expected to remain relatively stable in the future. C) investors have strong preferences for short-term relative to long-term bonds, explaining why yield curves typically slope upward. D) yield curves should be equally likely to slope downward as slope upward.
For a wheat farmer, the following factor(s) are uncontrollable
a. Quality of the wheat b. Weather c. The speed at which the product reaches its buyers d. All of the above
The slope of a horizontal line is
a. infinitely large b. zero c. positive d. negative e. infinitely small
Assuming that the demand and supply of a good have moved in opposite directions, but by the same amount, the new equilibrium would represent: a. an increase in price and an increase in quantity exchanged
b. no change in price and an increase in quantity exchanged. c. a decrease in price and a decrease in quantity exchanged. d. an indeterminate change in price, but no change in quantity exchanged.