The Policy Reforms Required by the International Monetary Fund (IMF)

question 31

Multiple Choice

The policy reforms required by the International Monetary Fund (IMF) and World Bank to receive assistance are called __________ .

• A) Devaluation programs
• B) Structural Adjustment Policies (SAPs)
• C) Capital controls
• D) Bretton Woods programs
• E) Liberal International Economic Order (LIEO)

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Definitions:

P-value

A statistical measure that indicates the probability of the observed data (or something more extreme) under the assumption that the null hypothesis is true.

Null Hypothesis

A statement used in statistics that proposes no significant difference or effect.

Null Hypothesis

A statement in statistical analysis that assumes there is no significant difference or effect, serving as the default assumption to be tested against an alternative hypothesis.

P-value

A statistical measure that helps researchers determine the significance of their results, indicating the probability of observing the results by chance.