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Alexxx [7]
3 years ago
5

Patten, in the article "Malawi Versus the World Bank," notes that the goal of the World Bank and IMF is to loan poor countries m

oney to help them institute capitalism and to bring them into the global economy. True or false?
Business
1 answer:
irina [24]3 years ago
3 0

Answer:

True, but it rarely works well.

Explanation:

The most recent and largest failure by the International Monetary Fund (IMF) has just happened in Argentina, where the government received over $50 billion in loans that it is unable to pay. The IMF has never been successful in any country where it has helped to develop a new economic plan. Ironically, some Nobel prize winners (including Joseph Stiglitz) tell countries to do exactly the opposite to what the IMF tells them to do, and that has worked much better.

On the other hand, the World Bank has had some limited success in South American countries like Bolivia and Uruguay, specially with helping to develop new industries or expand existing ones. In Bolivia it helped to develop a new agricultural plan that improved the economy of the Santa Cruz region a lot, and it is one of its major economic successes. In Uruguay it financed new projects related to paper businesses that increased the nations GDP by almost 10%.

This is the reason why the IMF has such a bad rep while the World Bank is still seen as a valid option for financing large investment projects.

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One helpful feature of most Web 2.0 organization software is that
adelina 88 [10]

Answer:

d. It can usually be synced to a handheld device

Explanation:

One helpful feature of most Web 2.0 organization software is that it can usually be synced to a handheld device.

5 0
3 years ago
Read 2 more answers
Ziff Corp. has a very attractive credit policy, and none of its customers pays in cash when the firm makes a sale. Ziff Corp. se
posledela

Answer:

$148,500

Explanation:

Data given

Sales = $150,000

Rate of discount = 10

The computation of Ziff Corp. cash received from customer is shown below:-

Total collection = Sale × (1 - Rate of discount)

= $150,000 × (1 - 0.01)

= $150,000 × 0.99

= $148,500

Therefore for computing the total collection we simply applied the above formula.

8 0
3 years ago
The average of all prices in the economy is the
Kobotan [32]

Answer:

Price level

Explanation:

8 0
3 years ago
In the long run, a monopolistically competitive firm will earn: (A) normal profits because economic profits will attract new fir
enot [183]

Answer: Option (A) is correct.

Explanation:

Correct Option: Normal profits because economic profits will attract new firms and there are no entry restrictions.

In a monopolistically competitive market, firms will earn an economic profit in the short run, so new firms attracted with these profits and decided to enter into the market in the long run.

There is no barriers on entry and exit of the firms in the monopolistically competitive market. When new firms enters into the market, as a result supply of differentiated products increases.

This causes the firm's market demand curve to shift leftwards. It will continue shifting to the left in the firm market demand curve till the point where it is nearly tangent to the average total cost curve.

At this point, firms earns zero normal profit and can earn normal profits in the long run same as a perfectly competitive firm.

3 0
3 years ago
According to the quantity equation, the price level would change less than proportionately with a rise in the money supply if th
Ira Lisetskai [31]

Answer:

either a rise in output or a fall in velocity.

Explanation:

As per the quantity equation, if the level of the price would varies and less than the increase in the money supply so there should be either a rise in the output or the decline in the velocity

The quantity equation is

MV = PY

where

M denotes money supply

V denotes velocity

P denotes price level

Y denotes output

As the money supply would increase so it would be balance when there is a decline in a velocity or increase in output so that the price would remains the same

hence, the above represent the answer

8 0
3 years ago
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