Author Question: An important hindrance to developing countries in carrying out monetary policy is that they a. ... (Read 30 times)

mspears3 · **on:** Jun 30, 2018

An important hindrance to developing countries in carrying out monetary policy is that they

a. usually lack central banks
b. are usually unable to issue their own currency
c. are unable to borrow money
d. usually lack effective bond markets
e. all of the above

Question 2

What is the objective of environmental accounting? Are a country's national accounts likely to show more or less income than with traditional GDP?

What will be an ideal response?

Hikerman221 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

State the objectives in terms of adjusting national income to account for the depletion of environmental assets and production of bads as well as goods. GDP overstates the true national income in these terms.