The purpose of the IMF is to:
A. provide developing countries with short-term loans and technical assistance.
B. determine monetary and fiscal policy in developing countries.
C. determine exchange rates for developing countries.
D. buy and sell the currencies of developing countries in order to stabilize their value.
Answer: A
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Why would a radio station give money to listeners? Does this violate the economic way of thinking?
Which of the following statements is not correct?
a. Libertarians are opposed to redistributing income. b. Critics of the welfare system argue that it breaks up families. c. One of the problems with measuring income inequality is valuing in-kind transfers. d. Utilitarians believe that the government should punish crimes but should not redistribute income.