In response to the global financial crisis of 2008-2009, the International Monetary Fund began to:
A. exercise tight controls on fiscal policy of the borrowing countries.
B. encourage activities that prevent high inflation rates.
C. display inflexibility in policy responses.
D. urge countries to adopt policies that included fiscal stimulus and monetary easing.
E. adopt a "one-size-fits-all" approach to macroeconomic policy.
D
Business
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Investment clubs are formed by brokerage firms who then manage the club's portfolio
Indicate whether the statement is true or false.
Business
Which of the following serves as an intermediary channeling the savings of individuals, businesses, and governments into loans and investments?
A) financial institutions B) financial markets C) Securities and Exchange Commission D) OTC market
Business