To be a member of the Internal Monetary Fund a nation must deposit funds based on
A) the need to loan money to developing nations. B) its national income.
C) the amount of funds it wants to deposit. D) rules set up by the World Bank.
B
Economics
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Convergence means that
A) if poor countries grow fast, then fast growing countries are poor. B) all countries grow at the same rate. C) all countries tend towards the same per capita income. D) the savings rate is positively related to per capita income.
Economics
If investment is zero, the capital stock
a. continues to flow. b. falls to zero. c. remains constant. d. grows steadily.
Economics