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3 years ago

True or false? West African coastal countries have borrowed money from the World Bank and the International Monetary Fund.

2 answers:

4 0

True, West African countries borrowed money fro the World Bank and the International Monetary Fund. West African countries are developing economies which similar to other developing economies in Africa and the rest of the world have taken loans and development funds from the IMF and the World Bank.

lisov135 [29]3 years ago

3 0

True, West African coastal countries have indeed borrowed money from the World Bank and the International Monetary Fund.

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Define private equity funds economics.

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its like keeping the funds private and makeing sure no one knows alot about it

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Answer:

True

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3 years ago

A consumer has $180 in monthly income to spend on two goods, D and G, where D is on the y-axis. The price of good D, PD is $6, a

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Answer:

The number of units of good G that can be purchased if all income is used to purchase good G is 15 units.

Explanation:

Since D is on the y-axis, indicating G is on the x-axis, the formula for calculating the marginal rate of transformation (MRT) is given as follows:

MRT = - PG / PD …………………. (1)

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MRT = Marginal rate of transformation = -2

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Substituting the relevant values into equation (1) and solve for PG, we have:

-2 = - PG / $6

PG = -2 * (-6) = $12

Therefore, we have:

Number units of good G if all income is spent on it = Monthly income / PG = $180 / $12 = 15

Therefore, the number of units of good G that can be purchased if all income is used to purchase good G is 15 units.

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3 years ago

In The Federalist paper number 10, James Madison expressed concern over the possibility that both majority and minority factions

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2 years ago

Suppose the economy is at a position below its institutional production possibilities frontier. To improve this situation, Keyne

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Answer:

Keynesian economists might propose that government reduces taxes, which will cause the aggregate demand curve to shift to the right and Real GDP will increases.

Explanation:

Keynesian economics is demand-sided.

If the economy is producing at full capacity, increased demand will only cause inflation as goods and services cannot be increased although people are willing to pay more (real GDP the same)

However, if the economy is below capacity, the problem is that there is not enough demand to drive production (additional goods and services produced will not be bought). Keynesians would advocate reducing taxes to stimulate demand.

When taxes are reduced, goods become cheaper. People are willing to buy more at similar prices (that producers charge), causing the aggregate demand curve to shift to the right. As economy is below capacity, suppliers are able to responded by supplying more goods and services (supplier curve shift to the right) and Real output (GDP) would increase.

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4 years ago