The international financial organization created at the Bretton Woods conference in 1944 that helps developing countries obtain low-interest loans is called the:
A) World Bank.
B) International Monetary Fund.
C) U.S. Treasury.
D) U.S. Agency for International Development.
A
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If banks operated under a 100 percent reserve system, commercial banks would not be able to create any further money
Indicate whether the statement is true or false
If the producers bear a larger portion of tax incidence than the buyers, which of the following must be true?
A. They are not as business savvy as the buyers. B. Their supply curve must be more inelastic than the buyers demand curve. C. They face a very inelastic demand. D. Their supply curve must be more elastic than the buyers demand curve.
Consider a market that is initially in equilibrium. If we observe that both price and quantity increased, which of the following could have occurred?
a. both supply and demand decreased but the dominant change was the decrease in demand b. supply decreased c. demand decreased d. supply decreased and demand increased but the dominant change was the increasein demand e. supply increased and demand decreased
Which of the following events would shift the labor supply curve?
a. changes in the number of women willing to work b. immigration of workers c. changing attitudes towards work d. All of the above are correct.