The IMF granted in November of 2008 a $15 billion dollar loan to Hungary, which was at the time undergoing financial stress as a result of the global crisis

What is the name of the group which decides when recessions begin and end?

A) the Business Cycle Dating Committee B) the Bureau of Labor Statistics C) the Commerce Department D) the Federal Reserve Open Market Committee

All of the following are ways in which government can promote economic development except

a. encouraging foreign direct investment b. nationalizing industries to create efficiency c. encouraging competition d. providing an infrastructure e. promoting saving and investment