The IMF mostly receives its funds from:
a. the subscription fees paid by the member nations.
b. selling of bonds.
c. the loans given by the World Bank.
d. the central banks of the major industrialized nations.
e. the gold reserves available with the Fed.
a
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When a new product is introduced in the market, Lenny always wants to see how popular the item becomes before he purchases it. Lenny's behavior is known as
A) overt collusion. B) limit-pricing. C) a network effect. D) price leadership.
If the Fed sells U.S. government securities to drain reserves from banks, which of the following is most likely to occur? a. The demand for money will increase and the interest rate will rise
b. The money supply will increase and the interest rate will fall. c. The interest rate will rise and the quantity of money demanded will fall. d. The money supply will decrease and the interest rate will fall. e. The interest rate will fall and the quantity of money demanded will increase.