Author Question: When a nation joins the IMF, it deposits funds into an account. These funds have a value based on a ... (Read 52 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
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.


amit

  • Sr. Member
  • ****
  • Posts: 364
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

For a complete list of videos, visit our video library