What Was the Purpose of IMF Conditionality,which Was Often Imposed

question 34

Multiple Choice

What was the purpose of IMF conditionality,which was often imposed in the developing world since 1980?

• A) create aid packages for impoverished countries, particularly former colonies
• B) eliminate regional variations of standards of living in the developing world
• C) restore growth, reduce central government involvement in the economy, and expand exports
• D) reduce the disparity of wealth between the developed and developing world
• E) reduce starvation in the developing world through agricultural technology

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Definitions:

Factor Analysis

Factor Analysis is a statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables called factors.

Single Trait

Refers to focusing on one characteristic feature of an individual or system for study or analysis.

Normal Curve

A symmetrical, bell-shaped curve that describes the distribution of many types of data; most scores fall near the mean (about 68 percent fall within one standard deviation of it) and fewer and fewer near the extremes. Also called a normal distribution.

Standardization

Defining uniform testing procedures and meaningful scores by comparison with the performance of a pretested group.