Discuss why the World Bank has been criticized for making loans to nations that can attract private funds
What will be an ideal response?
Loans given to nations that can attract private funds interfere with the private market for capital goods. This can encourage inefficient investment in projects that should not be undertaken.
Economics
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Economics
According to the short-run Phillips curve, which of the following would result in low rates of unemployment?
A) a higher inflation rate B) weak increases in aggregate supply C) a lower inflation rate D) weak increases in aggregate demand
Economics