Conditionality Refers to

question 73

Multiple Choice

Conditionality refers to

• A)the concept that the IMF will lend money on the condition that the country will not engage in politically unpopular policies.
• B)the concept that the IMF will lend money on the condition that the loan's principal is repaid.
• C)the concept that the IMF will lend money on the condition that interest payments will be maintained.
• D)the concept that the IMF will lend money on the condition that the country undertakes economic reform.
• E)the concept that the IMF will lend money on the condition that the country will also borrow from private banks.

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Definitions:

Information

Data that is organized, processed, or presented in a given context to make it meaningful or useful.

Social Loafing

The tendency for individuals to expend less effort on a task when working in a group compared to when working alone.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members.

Diffusion Of Responsibility

A sociopsychological phenomenon whereby a person is less likely to take responsibility for action or inaction when others are present, often used to explain the bystander effect.