Which of the following is NOT one of the three primary sources of private investment funds flowing into developing nations?

A) portfolio investment B) bank loans
C) World Bank and IMF loans D) foreign direct investment

C

Economics

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Which of the following is inherent in the classical view of a self-adjusting economy?

A. Flexible prices and wages B. Inflexible prices and wages C. Instability D. Economic growth dependent on Innovation Theory E. Government spending to stimulate aggregate demand

Economics

A) Sam pays $600 for 30 days of guitar classes. He attends an hour-long class every day. If, instead of attending class, he works at a part-time job, he would be paid $5 an hour. Or, he could work at a fast-food outlet and earn $9 per hour

Once he has already paid a nonrefundable fee of $600 to enroll in the class, what is his opportunity cost of attending each hour of class? b) Suppose workers decide to work more and consume less leisure when their hourly wage rate increases. What could explain this behavior?

Economics