A nation's account with the International Monetary Fund is known as

A. gold standard.
B. a quota subscription.
C. international reserves.
D. special drawing rights.

Answer: B

Economics

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In high inflation countries, inflation rates can exceed the rate of growth of money because:

A. money loses value quickly with inflation. B. high inflation increases the velocity of money. C. high rates of inflation increase the opportunity cost of holding money. D. all of the answers given are correct.

Economics

A car sold from a used car lot

A. would only be counted in Gross Domestic Product (GDP) if it was a foreign made car. B. would be counted in Gross Domestic Product (GDP). C. would fall under net exports, and would then be counted in Gross Domestic Product (GDP). D. would not be counted in Gross Domestic Product (GDP).

Economics