If the World Bank makes loans to nations that can attract private funds
A) the increase in growth in that nation will spill over to other nations that are developing.
B) the presence of the World Bank's loans will lead to even more private funds being attracted to that country.
C) the World Bank's loans will crowd out the private funds made to developing nations to encourage economic growth.
D) these loans will interfere in the private market for capital goods and can lead to inefficient investment.
D
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In 1984, the National Minimum Drinking Age Act was passed, raising the legal age to consume alcoholic beverages in the United States from 18 to 21
If the legal drinking age was changed back to 18, how would this affect the market for alcoholic beverages? What would happen to the equilibrium price and quantity of alcoholic beverages?
Economic fluctuations are defined as
a. alternating periods of significant GDP growth and decline. b. events only encountered in developing countries. c. periods of stable economic growth. d. alternating periods of unemployment falling above and below zero.