An international organization formed with the aim of promoting world economic growth through financial stability is called
A) the International Finance Corporation. B) the International Monetary Fund (IMF).
C) the International Development Association. D) the World Bank.
B
Economics
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A true cost-of-living adjustment in response to a change in prices would compensate consumers so that they would be able to
A) purchase the same bundle they purchased before prices changed. B) achieve the same level of utility they did before prices changed. C) face the same choices they did before prices changed. D) achieve an increase in utility that is equal to the rate of inflation.
Economics
If a good is free, a rational consumer will continue to consume that good, irrespective of its marginal utility
a. True b. False Indicate whether the statement is true or false
Economics