The International Monetary Fund (IMF) and the World Bank (WB) offer loans (structural adjustment loans; SALs) to nations that are going through economic crises.
Option D : privatize state-owned enterprises
<h3>What is Structural adjustment?</h3>
- To qualify for a loan from the World Bank or the International Monetary Fund, a nation must implement a set of economic reforms known as a structural adjustment.
- Economic policies like lowering government spending, promoting free trade, and others are frequently included in structural adjustments.
- Structure changes are often referred to as free market reforms, and they are approved if it is believed that they will increase the competitiveness and economic growth of the target country.
- Conditions have long been attached to loans made by the World Bank and International Monetary Fund (IMF), two Bretton Woods organizations that were founded in the 1940s.
- However, there was a concerted effort in the 1980s to use lending to poor countries experiencing crises as a platform for reform.
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Answer:
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Explanation:
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Answer and Explanation:
The journal entry is shown below:
Interest expense $403,391
To Cash $308,000
To Discount on note payable $95,391
{($8,800,000 - $7,655,303) ÷ 12}
Here we debited the interest expense as it increased the expenses and credited the cash as it decreased the assets and credited the discount on note payable
I believe the answer is: Gross pay
When employees receive their monthly salaries, the amount that they receive is already deducted by the federal government as tax payment or by company's healthcare and pension plan.
The gross pay is the amount of money that the employees would receive if they do not have to pay for any of that stuff.
