Currency reserves on account with the International Monetary Fund used to settle accounts between countries are known as

It is important to place particular stress on the role of primary education in the development strategy because of

(a) LDC's comparative advantage from basic skills education. (b) the law of diminishing returns. (c) development emphasis on poverty alleviation. (d) all of the above.

Which of the following statements about junk (high-risk) bonds is true?

A) They never outperform treasury bonds since they're too risky. B) The price of junk bonds increase as their perceived risk increases. C) They tend to perform best during recessions. D) One can profit by owning them if market perceptions of their risk decline.