Which multilateral institution serves as the lender of last resort?
What will be an ideal response?
The IMF
You might also like to view...
The above figure shows the U.S. market for 1 carat diamonds. Area B + area D is the
A) decrease in consumer surplus due to the import quota. B) importers' profit from the quota. C) gain in total surplus due to the import quota. D) deadweight loss from the import quota. E) increase in producer surplus due to the import quota.
Interest on the government debt is an example of uncontrollable fiscal spending.
Answer the following statement true (T) or false (F)
The demand for a pack of gum is ________ than is the demand for a steak because ________.
A. less price elastic; a pack of gum is more of a luxury. B. less price elastic; a pack of gum requires a smaller portion of one's income. C. more price elastic; a pack of gum is more of a luxury. D. more price elastic; a pack of gum requires a smaller portion of one's income.
If peanut butter and jelly are complements, then an increase in the price of peanut butter will reduce the demand for jelly.
Answer the following statement true (T) or false (F)