In: Economics
A way that governments can take decisions about the money supply (raising or lowering the interest rate) out of the hands of politicians, so that politicians aren’t tempted to allow high inflation to stimulate temporary economic growth
A. Transparency B. Central Bank Independence C. Reciprocity
11. If a country fears that they are close to defaulting on their debts (they are unable to make the promised payments to foreign lenders), which organization can help them out?
A. World Bank B. International Monetary Fund (IMF) C. United Nations
12 1. If a low income country wants funding for a new highway, which international organization would they appeal to?
A. World Bank B. International Monetary Fund (IMF) C. United Nations
13. What is now the key purpose of the International Monetary Fund (IMF)?
A. To determine countries’ exchange rates B. To reduce poverty in poor countries by financing infrastructure C. To enable global financial stability