Which of the following makes long-term low-interest loans to LDCs?
a. International Monetary Fund (IMF)
b. Agency for International Development (AID)
c. World Bank
d. New International Economic Order (NIEO)
c
Economics
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A Nash equilibrium occurs if ________
A) each player chooses strategies that are mutual best responses B) each player chooses his or her dominant strategy C) each player chooses only a pure strategy D) each player chooses only a mixed strategy
Economics
If the interest rate is 5 percent, the present value of $200 received at the end of five years is:
A. $132.62. B. $176.41. C. $121.34. D. $156.71.
Economics