Which of the following is NOT a criticism that has been leveled at the World Bank?
A) Since 1990, the World Bank has loaned mostly to African countries, to the detriment of nations in other parts of the world.
B) Too many loans go to nations capable of privately financing their projects.
C) Some countries receiving World Bank loans are net lenders of funds to other nations and so should not be receiving World Bank funds.
D) Despite receiving loans from the World Bank, economic growth in many client nations has been disappointing.
A
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Concentration ratios are generally computed for ________ markets
A) local B) regional C) national D) global
The rule of thumb for a government deciding whether to provide a public good is that the: a. marginal cost of the good should be less than the marginal benefit
b. opportunity cost of the good should be greater than the marginal benefit. c. sunk cost of the good should be equal to the marginal benefit. d. variable cost of the good should be greater than the sunk cost.