Which of the following makes short-term conditional low-interest loans to LDCs?
A. World Bank
B. Agency for International Development (AID)
C. Agency for International Finance (AIF)
D. International Monetary Fund (IMF)
Answer: D
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How are corporate profits taxed in the United States?
A) Earnings are taxed first by state sales taxes and then as corporate profits at the Federal level. B) Corporate profits are not taxed at all. C) Earnings are taxed first as personal income then as corporate profits at the Federal level. D) Earnings are taxed first as corporate profits then as personal income after dividends are paid.
World Bank funds are largely acquired through interest earned on the deposits of member nations
a. True b. False Indicate whether the statement is true or false
The major effects of a change in monetary policy on growth in the overall production of goods and services usually are felt within ______.
a. one month to six months b. two month to one year c. three months to two years d. one year to three years
Explain this quote from Adam Smith: “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner but from their regard to their own interest.”
Please provide the best answer for the statement.