Which of the Following Is True About the World Bank

question 117

Multiple Choice

Which of the following is true about the World Bank and the International Monetary Fund (IMF) ?

• A)The World Bank and the IMF were created after World War II as part of a major reform of the international monetary system.
• B)These institutions make loans to developing countries.
• C)They serve as intermediaries, channeling funds from industrialized countries to developing ones.
• D)All of the above are true.
• E)None of the above are true.

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Definitions:

Median

The middle value in a data set, which divides it into two equal halves, with an equal number of values both above and below it.

Range

The difference between the highest and lowest scores in a data set, used as a measure of variability.

Stanine

A method of scaling test scores on a nine-point standard scale with a mean of five and a standard deviation of approximately two, used to simplify the interpretation of test results.

Normal Curve

A bell-shaped curve that represents the distribution of a set of data where most occurrences take place in the middle of the range.