It is believed that in order to promote growth, a top priority of the World Bank and the International Monetary Fund is to
A) focus on basic market foundations of guaranteeing property and contract rights.
B) promote the increase of dead capital.
C) make more loans.
D) join forces and merge into one unit.
A
Economics
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If a good is income inelastic what does this imply would happen to consumption of this good if you were to win the lottery?
What will be an ideal response?
Economics
The Fed changes the reserve requirement sparingly because:
A. sudden changes of such a huge magnitude would have far-reaching, and sometimes undesirable, effects. B. it would cause uncertainty for banks and slow their rate of lending. C. very small changes cause very large overall changes to money supply due to the money multiplier. D. All of these are true.
Economics