Which of the Following Parts of the IMF Gives the Final

question 12

Multiple Choice

Which of the following parts of the IMF gives the final approval for the quota a state seeking to join the IMF should pay?

• A) member states having at least 85 per cent of the total vote share
• B) all the member nations of the IMF
• C) the IMF Board of Governors
• D) the IMF Executive Board

---

Definitions:

White-collar Employment

Jobs that typically involve professional, managerial, or administrative work, often in an office setting, as opposed to blue-collar jobs that involve manual labor.

Substitution Effect

The change in demand for a good due to a change in its price, leading consumers to substitute it with another product.

Output Effect

When the price of any resource rises, the cost of production rises, which, in turn, lowers the supply of the final product. When supply falls, price rises, consequently reducing output.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor of production, holding all other factors constant.