Which of the following is FALSE about the Highly Indebted Poor Countries initiative?
A) Most of the countries included are in sub-Saharan Africa.
B) Countries qualify for debt relief partly based on their level of poverty.
C) Countries do not have to have established a past track record of economic reform in order to qualify as long as they make future commitments.
D) External debt levels must be high relative to exports in order to qualify.
C
Economics
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Which of the following is NOT included in the M2 measure of money?
A) checking deposits B) traveler's checks C) time deposits D) shares of the stocks of large companies
Economics
What is the most-used instrument for controlling week-to-week changes in the money supply?
(A) The required reserve ratio (B) The money multiplier (C) The discount rate (D) Open market operations
Economics