The World Bank primarily engages in
A) short-term lending aimed at helping developing nations repay debt accumulated in past years.
B) short-term lending aimed at helping developing nations repay loans from the International Monetary Fund.
C) long-term lending aimed at helping developing nations' governments and businesses make investments that will contribute to economic growth.
D) long-term lending aimed at helping developing nations' governments and central banks keep exchange rates from varying.
C
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If additional units of a good could be produced at a constant opportunity cost, the production possibilities frontier would be linear
Indicate whether the statement is true or false
In a setting of repeated competition:
A. the cooperative outcome is the repetition in each period of the Nash equilibrium outcome that would arise were the firms to compete just once. B. the non-cooperative outcome is the repetition in each period of the Nash equilibrium outcome that would arise were the firms to compete just once. C. the non-cooperative outcome is the Nash equilibrium that arises only after firms compete many times. D. the cooperative outcome is the Nash equilibrium that arises after firms compete many times.
An increase in government spending shifts the PPF
A) upward, but does not change its slope. B) upward, and also changes its slope. C) downward, but does not change its slope. D) downward, and also changes its slope.
Other things the same, if the Fed increases the rate at which it increases the money supply then the short-run Phillips curve shifts right in the long run
a. True b. False Indicate whether the statement is true or false