Should the IMF be abolished? Discuss
What will be an ideal response?
An open answer. Arguments for abolishing the IMF should mention moral hazard, insistence on high interest rates, hasty structural reforms, etc. Arguments against abolishing will stress more coordination, more credit lines, transparency, etc.
Economics
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Refer to the graph shown. A complete business cycle is represented by:
a. A to G.
b. O to C.
c. A to F.
d. C to F.
Economics
If s denotes savings rate, I denotes aggregate investment, and Y denotes GDP, then which of the following equations is correct?
A) I = s × Y B) I =s/Y C) I = Y/s D) Y = s × I
Economics