Which of the following observations about the International Monetary Fund (IMF) is true?
A. The IMF can force countries to adopt the policies required to correct economic mismanagement.
B. Internal political problems can affect a government's commitment to taking corrective action in return for an IMF loan.
C. In recent years, the IMF has begun to make its policies more tight and inflexible.
D. In response to the global financial crisis of 2008-2009, the IMF began to adopt a "one-size-fits-all" approach to macroeconomic policy.
E. In recent years, the IMF has begun to urge countries to oppose fiscal stimulus and monetary easing.
B
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Many investors may be drawn to bonds with capital gains only because:
A) long periods until maturity. B) no taxation on capital gains. C) high coupon payments. D) reduced taxation on capital gains.
Consider a $20,000 car loan over five years at 8% APR. Assume an option where the car loan offers 0% financing for the first two years of the loan or 8% financing over five years
What are the payment choices to ensure that no interest on the loan is paid? Does this imply that money is "free"? Explain. What will be an ideal response?