When a nation joins the IMF, it deposits funds into an account. These funds have a value based on a weighted average of
A) the Russian ruble, the British pound sterling, the Japanese yen, and the U.S. dollar.
B) the euro, the British pound sterling, the Japanese yen, and the U.S. dollar.
C) the Russian ruble, the British pound sterling, the Chinese yuan, and the U.S. dollar.
D) the euro, the British pound sterling, the Chinese yuan, and the U.S. dollar.
Question 2
If the government increases its purchases of goods and services by 3,000 and the MPC is 0.8, GDP and income will eventually increase by
A) 2,400. B) 6,000. C) 15,000. D) 24,000.
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