Which of the following statements concerning the International Monetary Fund is true?
a. The IMF was created to help finance economic development in poor countries.
b. One of the principal aims of the IMF is to discourage international trade and encourage countries to become self-sufficient.
c. The IMF lends money to countries experiencing large balance-of-payments surpluses.
d. When the IMF lends currencies, it always insists on the borrowing country taking action to reduce its balance-of-payments surplus.
e. The IMF obtains funds from annual membership fees charged to member countries.
e
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Refer to the above figure. At real GDP of $1 trillion, actual investment equals
A) planned investment of $1 trillion. B) planned saving of $1 trillion. C) actual saving of 0. D) unanticipated inventory adjustments of $1 trillion.
Which of the following activities undertaken by a competitive firm can improve its public relations?
a. Investing in assets that cannot easily be redeployed to other uses or locations. b. Donating a portion of its annual profit to hurricane affected families c. Providing good quality products at a high price. d. Investing in in-house research
If Country A's has an overall balance surplus, then the:
a. Central bank must not be intervening in the foreign exchange market. b. Government has to be running a budget deficit. c. Effect is to cause the monetary base to rise. d. Effect is to cause the monetary base to fall. e. Financial account must be in deficit.
An increase in the government budget deficit causes national saving to _____, the interest rate to _____, and investment to _____
Fill in the blank(s) with correct word