The World Bank lends money to countries to
A. finance their international transactions.
B. fund wars against dictatorial regimes.
C. stabilize their exchange rates.
D. promote their economic development.
Answer: D
You might also like to view...
Real GDP definitely increases if
A) the AS curve shifts leftward and the AD curve does not shift. B) the AD curve shifts leftward and the AS curve shifts rightward. C) both the AD curve and the AS curve shift rightward. D) both the AD curve and AS curve shift leftward. E) potential GDP decreases so that real GDP exceeds potential GDP.
If you can produce more of something than others with the same resources, you have
A) a free-market economy. B) an absolute advantage. C) an efficient production system. D) a comparative advantage.
If a company is producing 2 units of output and the fixed costs are €25 and the variable costs are €100, what is the average total cost of producing two units?
(a) €50. (b) €12.50. (c) €62.50. (d) €25.
In 1929, the CPI equaled 0.171 and in 1930, the CPI equaled 0.167. These data provide evidence of a period of:
A. inflation. B. trade deficit. C. deflation. D. expansion.