What might the World Bank actually be a less efficient means of financial intermediatinon than private international banks?
What will be an ideal response?
Private international banks are likely to insist that the projects that they finance are economically viable and likely to turn a profit. They will be keenly interested in making sure that the money that they loan has a good chance of being paid back. Not the same can be said for the World Bank.
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Advocates of discretionary policy make which of the following criticisms of the economy’s “self-correcting” mechanism?
A. It is slow. B. It is not very reliable. C. It works only when supplemented by automatic stabilizers. D. All of these responses are correct. E. Options a and b only are correct.
The Fed's responsibilities include controlling the money supply, clearing checks, and supervising and regulating banks
a. True b. False Indicate whether the statement is true or false
The most effective means of stimulating the economy during a recession is for the federal government to
a. increase spending and hold taxes. b. hold government spending and decrease taxes. c. decrease government spending and hold taxes. d. decrease government spending and raise taxes.
Refer to the information provided in Figure 7.8 below to answer the question(s) that follow. 
Figure 7.8Refer to Figure 7.8 The firm's isocost line could shift from CD to AB if
A. the price of capital and labor each increased by 25%. B. the price of capital increased. C. the firm's total expenditures increased by 25%. D. the firm's total expenditures decreased by 25% or the price of capital and labor each increased by 33%.